RSU tax withholding slightly trims Excelerate Energy (NYSE: EE) stake

Rhea-AI Filing Summary

Excelerate Energy, Inc. officer Oliver Simpson reported a routine tax-related share disposition. On March 31, 2026, 546 shares of Class A Common Stock underlying restricted stock units were withheld to satisfy his tax withholding liability as a portion of a March 31, 2023 RSU grant vested. After this non-market transaction, he directly owns 51,173 shares of Class A Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Simpson Oliver

Role See Remarks

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	546	$33.31	$18K

Holdings After Transaction: Class A Common Stock — 51,173 shares (Direct)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 546 shares Tax withholding price: $33.31 per share Shares owned after transaction: 51,173 shares +2 more

5 metrics

Shares withheld for taxes 546 shares RSU tax-withholding disposition on March 31, 2026

Tax withholding price $33.31 per share Value applied to RSU-related shares withheld

Shares owned after transaction 51,173 shares Class A Common Stock directly owned after withholding

RSU grant date March 31, 2023 Grant date of restricted stock units under the 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^*

Simpson Oliver

(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)		546	D	$33.31	51,173	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:

Executive Vice President and Chief Commercial 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 for Oliver Simpson?

Excelerate Energy reported that officer Oliver Simpson had 546 shares withheld to cover tax liabilities on vested restricted stock units. This was a non-market, tax-withholding disposition rather than an open-market purchase or sale of Class A Common Stock.

Was the Excelerate Energy (EE) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 546 shares tied to restricted stock units were withheld to satisfy Simpson’s tax liability when part of his March 31, 2023 RSU grant vested on March 31, 2026.

How many Excelerate Energy (EE) shares does Oliver Simpson hold after this Form 4?

Following the tax-withholding disposition, Oliver Simpson directly holds 51,173 shares of Excelerate Energy Class A Common Stock. This figure reflects his position after 546 RSU-related shares were withheld to cover his associated tax obligation on vesting.

What was the value used for the RSU tax withholding in the Excelerate Energy (EE) filing?

The Form 4 records 546 shares withheld at a price of $33.31 per share. This per-share value is used to quantify the tax-withholding disposition tied to the vesting of restricted stock units granted on March 31, 2023.

What equity award plan is referenced in the Excelerate Energy (EE) Form 4 footnote?

The footnote explains that the restricted stock units were granted under the Excelerate Energy, Inc. Long-Term Incentive Plan. A portion of this March 31, 2023 RSU grant vested on March 31, 2026, triggering the 546-share tax-withholding event.