Performance share vesting lifts Excelerate Energy (NYSE: EE) insider stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Excelerate Energy, Inc. officer Alisa Newman Hood reported vesting of performance stock units into 8,599 shares of Class A common stock on February 18, 2026, at no purchase price, under the company’s Long-Term Incentive Plan.
These PSUs, granted on March 31, 2023, vested based on adjusted return on equity and relative total shareholder return performance from January 1, 2023 through December 31, 2025. To cover tax withholding, 3,820 shares were disposed of at $41.78 per share. After these transactions, Newman Hood directly holds 32,971 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Newman Hood Alisa
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,599 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,820 | $41.78 | $160K |
Holdings After Transaction:
Class A Common Stock — 36,791 shares (Direct)
Footnotes (1)
- Represents performance stock units ("PSUs") granted on March 31, 2023 pursuant to the Excelerate Energy, Inc. Long-Term Incentive Plan, each of which represented a contingent right to receive one share of Class A common stock of the Issuer. The PSUs vested at 132% of the target amount of the Issuer's adjusted return on equity and 96.80% of the target amount of the Issuer's relative total shareholder return within a group of peer companies, both as measured from January 1, 2023 through December 31, 2025. The Issuer's compensation committee certified the achievement of the performance goal on February 18, 2026. Reflects PSUs reported as acquired under footnote (1) above that were withheld to satisfy the Reporting Person's tax withholding liability.
FAQ
What did Excelerate Energy (EE) insider Alisa Newman Hood report on this Form 4?
Alisa Newman Hood reported vesting of performance stock units into 8,599 shares of Excelerate Energy Class A common stock. The shares were granted under the Long-Term Incentive Plan and reflect certified performance for the 2023–2025 measurement period.
What performance metrics determined the vesting of Excelerate Energy (EE) PSUs?
The PSUs vested based on adjusted return on equity at 132% of target and relative total shareholder return at 96.80% of target. Both metrics were measured from January 1, 2023 through December 31, 2025 within a group of peer companies.
When did Excelerate Energy (EE) certify the performance goals for these PSUs?
Excelerate Energy’s compensation committee certified achievement of the performance goals on February 18, 2026. This certification confirmed the final vesting levels of the performance stock units and led to issuance of the underlying Class A common shares.