EE insider reports 678-share tax withholding; 46,345 owned post‑trade

Rhea-AI Filing Summary

Excelerate Energy (EE) reported an insider transaction by its Executive Vice President and Chief Commercial Officer. On 11/01/2025, 678 shares of Class A common stock were withheld at $25.91 under transaction code F, which reflects shares withheld to cover taxes upon RSU vesting. Following this tax withholding, the officer beneficially owns 46,345 shares. This includes 33,855 outstanding RSUs granted under the company’s Long‑Term Incentive Plan, with each RSU representing one share of Class A common stock.

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

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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^*

Simpson Oliver

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/01/2025

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	11/01/2025		F(1)		678	D	$25.91	46,345(2)	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. Reflects restricted stock units ("RSUs") withheld in satisfaction of the Reporting Person's tax withholding liability. The RSUs were granted to the Reporting Person on November 1, 2024 pursuant to the Excelerate Energy, Inc. Long-Term Incentive Plan (as amended, the "Plan"), and a portion vested on November 1, 2025.

2. Includes 33,855 outstanding RSUs granted under the Plan. Each RSU represents the right to receive one share of Class A common stock of the Issuer.

Remarks:

Executive Vice President and Chief Commercial Officer

	/s/ Alisa Newman Hood, Attorney-in-Fact	11/04/2025
	** 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 did Excelerate Energy (EE) disclose in this Form 4?

An officer reported a tax withholding transaction of 678 shares on 11/01/2025 under code F related to RSU vesting.

How many shares were withheld and at what price for EE?

678 shares were withheld at $25.91 per share to satisfy tax obligations.

What is the officer’s beneficial ownership after the transaction for EE?

Beneficial ownership is 46,345 shares following the reported transaction.

How many RSUs are included in the reported ownership for EE?

The total includes 33,855 RSUs, with each RSU representing one share of Class A common stock.

What does transaction code F indicate on this EE filing?

Code F indicates shares were withheld to pay taxes upon vesting of equity awards such as RSUs.

What role does the reporting person hold at EE?

The reporting person is the Executive Vice President and Chief Commercial Officer.