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Stock units vest for Excelerate Energy (EE) officer with tax withholding

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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.

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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*
Broussard Amy Thompson

(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 7,410(1) A $0 29,910 D
Class A Common Stock 02/18/2026 F 2,545(2) D $41.78 27,365 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 and Chief Human Resources Officer
/s/ Alisa Newman Hood, Attorney-in-Fact 02/20/2026
** 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.

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.

How many Excelerate Energy (EE) shares vested from Amy Broussard’s performance stock units?

Amy Broussard received 7,410 Class A common shares when her performance stock units vested. These units were originally granted on March 31, 2023 and measured performance from January 1, 2023 through December 31, 2025, based on adjusted return on equity and relative total shareholder return.

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.

How many Excelerate Energy (EE) shares were withheld for Amy Broussard’s taxes?

A total of 2,545 Class A common shares were withheld from Amy Broussard’s vested units to satisfy tax withholding liability. These shares were valued at a transaction price of $41.78 per share, representing a non-open-market disposition strictly for tax payment purposes.

What is Amy Broussard’s Excelerate Energy (EE) share ownership after this Form 4?

Following the reported award and tax withholding, Amy Broussard directly holds 27,365 Class A common shares of Excelerate Energy. This figure reflects the net position after receiving 7,410 vested shares and the simultaneous withholding of 2,545 shares to cover tax obligations on the vesting.

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.
Excelerate Energy, Inc.

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1.34B
31.65M
Oil & Gas Midstream
Natural Gas Distribution
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United States
THE WOODLANDS