CNPCenterPoint Energy
This combined Form 10-K is filed separately by three registrants: CenterPoint Energy, Inc., CenterPoint Energy Houston Electric, LLC and CenterPoint Energy Resources Corp. 10-K, Item 1
Deals between CNP and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement. Below: what the proxy filed 2026-03-04 reports that the one filed 2025-03-05 did not, quoted as filed.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-03-05.
Nothing new: every deal in this year's section was reported last year too.
The whole section 5 paragraphs, proxy filed 2026-03-04
Conflicts of Interest and Related-Party Transactions“The Corporate Governance and Nominating Committee is responsible for conducting a review of and taking appropriate action with respect to related-party transactions and conflicts of interest involving our executive officers, directors, or other “related persons” as defined by applicable disclosure rules of the SEC.”
Read it in the proxy ↗
Conflicts of Interest and Related-Party Transactions“Our Ethics and Compliance Code provides that all employees must avoid even the appearance of a conflict of interest, and our Code of Ethics for our Chief Executive Officer and Senior Financial Officers similarly obligates the employees covered by that Code of Ethics (our Chief Executive Officer, Chief Financial Officer, Chief Accounting Officer, Treasurer, Controller, and other senior financial officers) to avoid taking actions that would create actual or apparent conflicts of interest. Employees are advised to seek guidance or prior written approval from the Company to help avoid certain conflicts of interest, and to contact the Ethics and Compliance Department for assistance in resolving potential or actual conflict of interests.”
Read it in the proxy ↗
Conflicts of Interest and Related-Party Transactions“We have a written policy regarding related-party transactions. Pursuant to our Corporate Governance Guidelines, the Corporate Governance and Nominating Committee Charter, and our Related-Party Transaction Approval Policy, the Board has delegated to the Corporate Governance and Nominating Committee the responsibility for reviewing and taking appropriate action with respect to related-party transactions and conflicts of interests involving executive officers or directors of the Company or other related persons as defined by the applicable disclosure rules of the SEC. The Company’s Corporate Governance Guidelines require that (i) each director shall promptly disclose to the Chair of the Board and the Chair of the Corporate Governance and Nominating Committee any potential conflicts of interest he or she may have with respect to any matter involving the Company and, if appropriate, recuse himself or herself from any discussions or decisions on any of these matters and (ii) the Chair of the Corporate Governance and Nominating Committee shall promptly advise the other members of the Corporate Governance and Nominating Committee of any potential conflicts of interest he or she may have with respect to any matter involving the Company and, if appropriate, recuse himself or herself from any discussions or decisions on any of these matters.”
Read it in the proxy ↗
Conflicts of Interest and Related-Party Transactions“The Office of the Corporate Secretary periodically gathers information from directors and executive officers regarding matters involving potential conflicts of interest or related-party transactions and provides that information to the Corporate Governance and Nominating Committee for review, as appropriate. Directors and executive officers are also required to inform the Company immediately of any changes in the information provided concerning related-party transactions in which the director or executive officer or other related person was, or is proposed to be, a participant. In accordance with our Related-Party Transaction Approval Policy, the standard applied in approving the transaction is whether the transaction is in the best interests of the Company and its shareholders.”
Read it in the proxy ↗
Conflicts of Interest and Related-Party Transactions“There were no related-party transactions since January 1, 2025 that were required to be reported pursuant to the applicable disclosure rules of the SEC.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗
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