Form 4: CenterPoint Energy SVP and CAO, Kristie Colvin, Reports Sale of Common Stock

Kristie Colvin, SVP and CAO of CenterPoint Energy, reports the sale of common stock on February 24, 2025, along with holdings in the company savings plan.

Summary

• On February 24, 2025, Kristie Colvin, SVP and CAO of CenterPoint Energy, sold 16,357 shares of common stock at $34.105 per share.
• Additionally, 179 shares were sold by the reporting person's son at $34.08 per share from amounts reported as indirectly owned.
• Following the reported transactions, Colvin directly owns 118,882 shares of CenterPoint Energy common stock.
• Colvin also indirectly owns 57 shares through a savings plan.
• The total includes previous awards under the Plan of (i) 3,562 RSUs vesting in February 2026, (ii) 1,409 RSUs vesting in February 2026, (iii) 2,601 RSUs vesting in two equal installments in February 2026 and 2027, and (iv) 4,098 RSUs vesting in three equal installments in February 2026, 2027, and 2028.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing reporting stock sales. The sale itself doesn't necessarily indicate a positive or negative outlook.

Future Outlook

The vesting of RSUs is contingent upon continued employment, disability, death, or retirement, and achievement of positive operating income for the preceding year, except in the case of death or disability.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. It is difficult to assess the impact of this sale without more context.

Related Party Transactions

• Sale of 179 shares by the reporting person's son.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates