Form 4: CenterPoint Energy EVP and CFO Christopher A. Foster Reports Changes in Beneficial Ownership

Christopher A. Foster, EVP and CFO of CenterPoint Energy, reports a transaction involving the withholding of shares for taxes upon vesting of restricted stock units.

Summary

• On May 5, 2025, Christopher A. Foster, EVP and CFO of CenterPoint Energy, reported a change in beneficial ownership of common stock.
• 24,859 shares were withheld for taxes upon the vesting of time-based restricted stock units (RSUs) previously awarded under CenterPoint Energy's Long-Term Incentive Plan.
• The transaction price was $38.88 per share.
• Following the transaction, Foster directly owns 133,503 shares of CenterPoint Energy common stock.
• This total includes previous awards of RSUs vesting at various dates in February 2026, 2027 and 2028 and May 2026.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment.

Future Outlook

The vesting of RSUs is contingent upon continued employment, disability, or death, and may also vest upon retirement subject to certain conditions and achievement of positive operating income for the preceding year.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.

Comparison to Industry Standards

• Executive compensation packages including restricted stock units (RSUs) are a standard practice among publicly traded companies, including CenterPoint Energy's peers such as Exelon, Duke Energy, and Southern Company.
• The vesting schedules and conditions (continued employment, performance metrics) are also typical components of RSU agreements in the utility sector.
• The amount of shares withheld for taxes is proportional to the value of the vested RSUs and the applicable tax rates, which is consistent with standard tax practices.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it relates to the tax obligations of a company executive.
• The vesting of RSUs incentivizes the executive to remain with the company and contribute to its success, which indirectly benefits shareholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, CenterPoint Energy, Christopher A. Foster, RSUs, Stock, Incentive Plan, Vesting, Taxes