Excelerate Energy (EE) CEO awarded 51,976 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kobos Steven M reported acquisition or exercise transactions in this Form 4 filing.
Excelerate Energy, Inc. President and CEO Steven M. Kobos reported an equity award of 51,976 shares of Class A common stock in the form of restricted stock units. The award was granted at a price of $0.00 per share as a compensatory grant.
Each restricted stock unit represents the right to receive one share of Class A common stock, vesting in three equal installments on each of the first three anniversaries of the grant date. Following this award, Kobos beneficially owns 533,604 shares of Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kobos Steven M
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 51,976 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 533,604 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Excelerate Energy (EE) report for Steven M. Kobos?
Excelerate Energy reported that President and CEO Steven M. Kobos received a grant of 51,976 restricted stock units. Each unit represents one share of Class A common stock, awarded at $0.00 per share as part of his compensation package.
How do the restricted stock units granted to Excelerate Energy (EE) CEO vest?
The restricted stock units granted to Excelerate Energy’s CEO vest ratably over three years. One-third of the 51,976 units vests on each of the first three anniversaries of the grant date, subject to the award’s standard vesting conditions.
What is Steven M. Kobos’s total direct ownership in Excelerate Energy (EE) after this grant?
After the reported grant, Steven M. Kobos directly owns 533,604 shares of Excelerate Energy Class A common stock. This figure includes the newly awarded 51,976 restricted stock units, which convert into shares as they vest over the three-year schedule.
What does the Form 4 footnote say about the Excelerate Energy (EE) restricted stock units?
The footnote explains that the reported amount represents restricted stock units, each equivalent to one share of Class A common stock. It states that these RSUs vest ratably on each of the first three anniversaries of the grant date, defining the award’s vesting structure.