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Excelerate Energy (EE) CEO awarded 51,976 restricted stock units in Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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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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).
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*
Kobos Steven M

(Last) (First) (Middle)
C/O EXCELERATE ENERGY, INC.
2445 TECHNOLOGY FOREST BLVD., LEVEL 6

(Street)
THE WOODLANDS TX 77381

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Excelerate Energy, Inc. [ EE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/05/2026 A(1) 51,976 A $0 533,604 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. Represents restricted stock units ("RSUs"), each of which represents the right to receive one share of Class A common stock of the Issuer. The RSUs vest ratably on each of the first three anniversaries of the grant date.
/s/ Alisa Newman Hood, Attorney-in-Fact 03/09/2026
** 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.

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.

What type of shares did Steven M. Kobos acquire in this Excelerate Energy (EE) Form 4?

Steven M. Kobos acquired restricted stock units representing Class A common stock of Excelerate Energy. Each restricted stock unit gives the right to receive one share of Class A common stock, subject to vesting conditions over a three-year period from the grant date.

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.

Did Steven M. Kobos pay for the Excelerate Energy (EE) shares reported in the Form 4?

No, Steven M. Kobos did not pay for these shares in the market. The 51,976 restricted stock units were granted at $0.00 per share, indicating they are a compensatory equity award rather than an open-market purchase transaction.

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.