Performance share vesting lifts Excelerate Energy (NYSE: EE) insider stake

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.

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^*

Newman Hood Alisa

(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)
02/18/2026

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	02/18/2026		A		8,599(1)	A	$0	36,791	D
Class A Common Stock	02/18/2026		F		3,820(2)	D	$41.78	32,971	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. 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.

2. Reflects PSUs reported as acquired under footnote (1) above that were withheld to satisfy the Reporting Person's tax withholding liability.

Remarks:

Executive Vice President, General Counsel and Secretary

	/s/ Alisa Newman Hood	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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.

How many Excelerate Energy (EE) shares did Alisa Newman Hood acquire and at what price?

She acquired 8,599 shares of Class A common stock at a price of $0.00 per share. These shares came from vested performance stock units awarded under the company’s Long-Term Incentive Plan rather than from an open-market purchase.

Why were some Excelerate Energy (EE) shares disposed of in Alisa Newman Hood’s Form 4?

A total of 3,820 shares were disposed of solely to satisfy tax withholding obligations related to the vested performance stock units. This tax-withholding disposition used a price of $41.78 per share and did not represent an open-market sale.

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.

How many Excelerate Energy (EE) shares does Alisa Newman Hood hold after these transactions?

Following the award and tax-withholding disposition, Alisa Newman Hood directly holds 32,971 shares of Excelerate Energy Class A common stock. This figure reflects the net position after both the share acquisition and the shares withheld for tax obligations.