Form 4 for CNP CenterPoint Energy
Accepted 2025-02-14 00:00:00 ET · period of report 2025-02-12 · accession 0001130310-25-000015 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-02-14 | 2025-02-12 | CNP | Leger Richard C | SVP Natural Gas Business | A - Grant | $0.00 | +7,514 | 39.9K | +23% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-12 | A | A | 7,514 | $0.00 | 39,850 | D | — | — | (F1) Time-based restricted stock units ("RSUs") awarded under the Issuer's Long-Term Incentive Plan (the "Plan") and vesting in three equal installments in February 2026, 2027, and 2028. The above award shall vest (i) if the Reporting Person ("R.P.") continues to be an employee of Issuer from the grant date through the respective vesting date, (ii) in the event of his earlier disability or death, or (iii) if he satisfies various conditions, upon his earlier retirement, except that such retirement vesting will be on a pro rata basis if his retirement occurs in the year of grant. 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. (F2) Total includes previous awards under Issuer's Long-Term Incentive Plan of (i) 2,169 RSUs vesting in February 2025, (ii) 2,063 RSUs vesting in February 2026, (iii) 2,220 RSUs vesting in three equal installments in February 2025, 2026 and 2027, (iv) 3,426 RSUs vesting in July 2027, and (v) 3,346 RSUs vesting in October 2027. The above awards shall vest (a) upon continued employment with Issuer through the respective vesting date, (b) in the event of earlier disability or death, or (c) for the awards under clauses (iv) and (v), upon earlier involuntary termination without cause. The awards, other than the awards under clause (iv) and (v), will also vest on a full or pro-rata basis upon earlier retirement, subject to satisfaction of certain conditions, and all vesting of those awards is further conditioned upon achievement of positive operating income for the year preceding the applicable vesting date except in the case of death or disability. |