Excelerate Energy (EE) officer sells 6,000 shares under Rule 10b5-1 plan

Rhea-AI Filing Summary

Excelerate Energy, Inc. officer Oliver Simpson reported an open-market sale of 6,000 shares of Class A common stock at a weighted average price of $34.15 per share on March 20, 2026. After this transaction, he directly holds 51,719 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 17, 2025, indicating the trades were scheduled in advance rather than timed discretionarily.

Insights

Equity compensation and insider-trading analyst

Pre-planned sale of 6,000 shares looks routine and modest.

The filing shows Oliver Simpson sold 6,000 Excelerate Energy Class A shares at a weighted average of $34.15 on March 20, 2026. This is an open-market sale and the only transaction reported, with no related option exercises or derivative activity.

Following the sale, Simpson still directly owns 51,719 shares, so the disclosed transaction represents only a portion of his visible holdings. The footnotes state it was executed under a Rule 10b5-1 trading plan adopted on December 17, 2025, suggesting a pre-scheduled liquidity event rather than opportunistic timing.

Because the trade is plan-based and the insider retains a sizable remaining position, the informational value for investors is limited. Future company filings may provide additional context if further sales occur under the same trading plan, but this single event appears consistent with routine portfolio management.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Simpson Oliver

(Last) (First) (Middle)

C/O EXCELERATE ENERGY, INC.

2445 TECHNOLOGY FOREST BLVD., LEVEL 6

(Street)

THE WOODLANDS TEXAS 77381

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Excelerate Energy, Inc. [ EE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/24/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/20/2026		S(1)		6,000	D	$34.15(2)(3)	51,719	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2025.

2. The reporting person undertakes to provide to Excelerate Energy, Inc., any security holder of Excelerate Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.

3. The price reported in Column 4 is a weighted price. The shares were sold in multiple transactions at prices ranging from $33.95-34.60, inclusive.

Remarks:

Executive Vice President and Chief Commercial Officer

	/s/ Alisa Newman Hood, Attorney-in-Fact	03/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Excelerate Energy (EE) report for Oliver Simpson?

Excelerate Energy reported that officer Oliver Simpson sold 6,000 shares of Class A common stock in the open market at a weighted average price of $34.15 per share. This sale occurred on March 20, 2026 and is the only transaction in the filing.

How many Excelerate Energy (EE) shares does Oliver Simpson hold after this Form 4/A?

After the reported sale, Oliver Simpson directly holds 51,719 shares of Excelerate Energy Class A common stock. This remaining ownership stake, disclosed in the filing, shows he continues to have a significant equity interest in the company following the 6,000-share disposition.

Was Oliver Simpson’s Excelerate Energy (EE) share sale made under a Rule 10b5-1 plan?

Yes. The footnotes state the 6,000-share sale was executed pursuant to a Rule 10b5-1 trading plan adopted on December 17, 2025. Such plans pre-schedule trades, indicating the transaction’s timing was arranged in advance rather than decided opportunistically.

At what prices did Oliver Simpson sell his Excelerate Energy (EE) shares?

The filing reports a weighted average sale price of $34.15 per share. Footnotes explain the 6,000 shares were sold in multiple transactions at prices ranging from $33.95 to $34.60, and detailed trade breakdowns are available on request from the company or the reporting person.

Does the Form 4/A show any option exercises or derivative transactions for Excelerate Energy (EE)?

No. The Form 4/A only reports a single open-market sale of 6,000 shares of Class A common stock. The derivative section in the provided data is empty, indicating there were no option exercises, conversions, or other derivative transactions disclosed in this particular filing.

How significant is Oliver Simpson’s Excelerate Energy (EE) stock sale relative to his holdings?

The filing shows Simpson sold 6,000 shares while retaining 51,719 shares afterward. This means he continues to own a substantially larger number of shares than he sold, suggesting the transaction represents a partial, rather than wholesale, reduction of his disclosed equity position.