CENTERPOINT ENERGY INC·4

Feb 23, 4:03 PM ET

Foster Christopher A 4

4 · CENTERPOINT ENERGY INC · Filed Feb 23, 2026

Research Summary

AI-generated summary of this filing

Updated

CenterPoint (CNP) CFO Christopher Foster Receives Award, Sells Shares

What Happened

  • Christopher A. Foster, EVP and Chief Financial Officer of CenterPoint Energy (CNP), had 76,929 performance shares vest on Feb 19, 2026 (award, code A). To cover taxes on the vesting, 31,724 shares were withheld/disposed (codes F) at $42.64 per share — 26,843 shares for $1,144,586 and 4,881 shares for $208,126 — totaling $1,352,712. The award shares were reported as acquired at $0 (typical for vested awards).

Key Details

  • Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (timely filing).
  • Prices: withheld shares accounted at $42.64 per share; vested award listed at $0 acquisition cost.
  • Shares withheld (total): 31,724; award vested: 76,929 shares.
  • Shares owned after transaction: not specified in the excerpt of the filing.
  • Footnotes: F1 = vesting of 2023 performance-share award under the long-term incentive plan; F2/F3 = shares withheld to cover taxes; F4 = remaining outstanding RSU/award schedule (details below).
  • Transaction codes: A = award/acquisition upon vesting; F = shares withheld/disposed to satisfy tax withholding.

Context

  • This was not an open-market sale for investment reasons but withholding of vested shares to satisfy tax obligations (a common, administrative action). The filing shows vesting of 2023 performance shares under the issuer's LTIP.
  • Footnote F4 lists additional outstanding awards that may vest in future periods (e.g., RSUs vesting May 2026, Feb 2027–2029) and notes vesting is generally conditioned on continued employment and achievement of positive operating income for the prior year (except in cases of death or disability).

Insider Transaction Report

Form 4
Period: 2026-02-19
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-19+76,929235,508 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-19$42.64/sh26,843$1,144,586208,665 total
  • Tax Payment

    Common Stock

    [F3][F4]
    2026-02-19$42.64/sh4,881$208,126203,784 total
Footnotes (4)
  • [F1]Vesting of performance shares awarded in 2023 under the Issuer's long-term incentive plan (the "Plan").
  • [F2]Shares withheld for taxes upon vesting of performance shares.
  • [F3]Shares withheld for taxes upon vesting of time-based restricted stock units ("RSUs").
  • [F4]Total includes previous awards under the Plan of (i) 14,908 RSUs vesting in May 2026, (ii) 5,636 RSUs vesting in February 2027, (iii) 13,530 RSUs vesting in two equal installments in February 2027 and 2028, and (iv) 25,076 vesting in three equal installments in February 2027, 2028, and 2029. The above awards shall vest (a) upon continued employment with the Issuer through the respective vesting date, (b) in the event of earlier disability or death, or (c) on a full or pro-rata basis upon earlier retirement, subject to satisfaction of certain conditions. All vesting is conditioned upon achievement of positive operating income for the year preceding the applicable vesting date except in the case of death or disability.
Signature
Vincent A. Mercaldi, Attorney-in-Fact|2026-02-23

Documents

1 file
  • 4
    wk-form4_1771880634.xmlPrimary

    FORM 4