CenterPoint Energy VP & CAO Disposes Shares for Tax Withholding
CENTERPOINT ENERGY INC
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Filing Summary
📋 Form 4 Filing: CenterPoint Energy Inc ($CNP) Insider: Russell Keith Wright (VP and CAO) Transaction Date: 2026-10-30 Action: Disposition (Tax Withholding - Code F) Shares Transacted: 223 @ $42.44 ($9,464.12) Shares Retained: 8,280 shares Significance: Low (Routine tax withholding on vested equity)
Comprehensive Analysis
Transaction Overview
On October 30, 2026, Russell Keith Wright, Vice President and Chief Accounting Officer of CenterPoint Energy Inc ($CNP), disposed of 223 shares of common stock at a price of $42.44 per share, resulting in a total transaction value of $9,464.12.
Transaction Details
- Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
- Nature of Transaction: The disposition reflects mandatory share withholding to cover tax liabilities associated with the vesting of time-based restricted stock units (RSUs) awarded under CenterPoint Energy's Long-Term Incentive Plan.
- Post-Transaction Holdings: Following the transaction, Mr. Wright directly holds 8,280 shares of common stock, which includes unvested RSUs scheduled to vest across 2027, 2028, and 2029.
Market and Trading Significance
This filing carries Low trading significance. The transaction was an automatic tax withholding upon RSU vesting rather than a discretionary open-market sale, providing no directional signal regarding insider sentiment or operational outlook.
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Important Disclaimer
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