Excelerate Energy (EE) officer has RSUs withheld for taxes

Rhea-AI Filing Summary

Excelerate Energy, Inc. reported that officer Michael Anthony Bent had 576 shares of Class A Common Stock, issuable under restricted stock units, withheld at $33.31 per share to satisfy tax obligations. These RSUs came from a March 31, 2023 grant, with a portion vesting on March 31, 2026. After this tax-withholding disposition, he directly holds 31,332 Class A shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bent Michael Anthony

Role See Remarks

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	576	$33.31	$19K

Holdings After Transaction: Class A Common Stock — 31,332 shares (Direct)

Footnotes (1)

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Key Figures

Tax-withheld shares: 576 shares Reported share value: $33.31 per share Post-transaction holdings: 31,332 shares +2 more

5 metrics

Tax-withheld shares 576 shares RSUs withheld to satisfy tax liability

Reported share value $33.31 per share Value used for 576 withheld RSU shares

Post-transaction holdings 31,332 shares Class A Common Stock held directly after transaction

Tax-withholding RSU grant date March 31, 2023 Original RSU grant under Long-Term Incentive Plan

RSU vesting date March 31, 2026 Portion of RSUs vested, triggering tax withholding

Key Terms

restricted stock units ("RSUs"), tax withholding liability, Long-Term Incentive Plan, Class A Common Stock

4 terms

restricted stock units ("RSUs") financial

"Reflects restricted stock units ("RSUs") withheld in satisfaction of the Reporting Person's tax withholding liability."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

tax withholding liability financial

"RSUs withheld in satisfaction of the Reporting Person's tax withholding liability."

Long-Term Incentive Plan financial

"granted to the Reporting Person on March 31, 2023 pursuant to the Excelerate Energy, Inc. Long-Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

Class A Common Stock financial

"security_title: "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 Insider Transactions: What Each Field Means →

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^*

Bent Michael Anthony

(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)
03/31/2026

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)

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	03/31/2026		F(1)		576	D	$33.31	31,332	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 March 31, 2023 pursuant to the Excelerate Energy, Inc. Long-Term Incentive Plan (as amended, the "Plan"), and a portion vested on March 31, 2026.

Remarks:

Vice President, Controller and Chief Accounting Officer

	/s/ Alisa Newman Hood, Attorney-in-Fact	04/02/2026
	** 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 on this Form 4?

Excelerate Energy reported that officer Michael Anthony Bent had 576 Class A shares, underlying restricted stock units, withheld to cover tax liabilities. The shares were valued at $33.31 each and relate to a March 31, 2023 RSU grant under the company’s Long-Term Incentive Plan.

Was the Excelerate Energy (EE) Form 4 transaction a market sale of shares?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. 576 shares tied to restricted stock units were withheld by the company to satisfy Michael Anthony Bent’s tax obligations when a portion of his March 31, 2023 RSU grant vested on March 31, 2026.

How many Excelerate Energy (EE) shares does Michael Anthony Bent hold after this Form 4?

Following the tax-withholding disposition, Michael Anthony Bent directly holds 31,332 shares of Excelerate Energy Class A Common Stock. This figure reflects his remaining position after 576 RSU-based shares were withheld to satisfy tax liabilities upon vesting under the company’s Long-Term Incentive Plan.

What price per share is associated with the RSUs in the Excelerate Energy (EE) Form 4?

The withheld shares are reported at a price of $33.31 per share. This price applies to the 576 shares linked to restricted stock units that were withheld to cover Michael Anthony Bent’s tax obligations upon vesting of part of his March 31, 2023 RSU grant.

What is the origin of the RSUs in the Excelerate Energy (EE) Form 4 filing?

The RSUs were granted on March 31, 2023 under Excelerate Energy’s Long-Term Incentive Plan. A portion of this grant vested on March 31, 2026, and 576 underlying shares were withheld at $33.31 per share to satisfy the reporting person’s tax withholding liability at vesting.