Excelerate Energy (EE) director receives 3,639 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Excelerate Energy, Inc. director Paul T. Hanrahan acquired 3,639 shares of Class A common stock through a grant of restricted stock units, with no purchase price. Each restricted stock unit represents one share and vests in full on the first anniversary of the grant date. Following this award, he directly holds 32,322 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HANRAHAN PAUL T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,639 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 32,322 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Excelerate Energy (EE) disclose for Paul T. Hanrahan?
Excelerate Energy disclosed that director Paul T. Hanrahan received a grant of 3,639 restricted stock units, representing Class A common shares. The award was recorded at a price of $0.0000 per share, indicating it was an equity grant rather than an open-market purchase.
What are the key terms of the restricted stock units granted by Excelerate Energy (EE)?
The filing states that Hanrahan received 3,639 restricted stock units, each representing one share of Class A common stock. These RSUs vest in full on the first anniversary of the grant date, meaning all units become deliverable as shares at that time if conditions are met.
Was there any cash consideration paid for the Excelerate Energy (EE) RSU grant?
No cash consideration was paid for this award. The transaction price per share is reported as $0.0000, indicating that the 3,639 restricted stock units were granted as compensation rather than purchased in the market, consistent with typical director equity awards.
What type of security was involved in Paul T. Hanrahan’s Excelerate Energy (EE) Form 4?
The transaction involved Excelerate Energy Class A Common Stock delivered through restricted stock units. Each RSU entitles Hanrahan to receive one share of Class A common stock, with all 3,639 units scheduled to vest on the first anniversary of the grant date.