Stock units vest for Excelerate Energy (EE) officer with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Excelerate Energy, Inc. reported that officer Amy Thompson Broussard received 7,410 shares of Class A common stock on February 18, 2026 from performance stock units granted in 2023. Of these, 2,545 shares were withheld at $41.78 per share for taxes, leaving her with 27,365 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Broussard Amy Thompson
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,410 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,545 | $41.78 | $106K |
Holdings After Transaction:
Class A Common Stock — 29,910 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 insider transaction did Excelerate Energy (EE) report for Amy Thompson Broussard?
Excelerate Energy reported that officer Amy Thompson Broussard received 7,410 Class A shares from vested performance stock units on February 18, 2026. A portion of these shares was simultaneously withheld to cover tax obligations, leaving her with a larger direct shareholding after the transaction.
What performance metrics determined Amy Broussard’s Excelerate Energy (EE) PSU vesting?
The performance stock units vested based on adjusted return on equity and relative total shareholder return. The award vested at 132% of the adjusted return on equity target and 96.80% of the relative total shareholder return target, measured from January 1, 2023 through December 31, 2025.
When did Excelerate Energy (EE) certify the PSU performance for Amy Broussard’s award?
Excelerate Energy’s compensation committee certified the achievement of the performance goals for Amy Broussard’s performance stock units on February 18, 2026. The performance period ran from January 1, 2023 through December 31, 2025, and the certification triggered delivery of Class A common shares.