XEL (NASDAQ: XEL) files Form 144 for 15,969-share sale via Morgan Stanley

Rhea-AI Filing Summary

XEL reports a proposed sale of 15,969 common shares via Form 144, tied to restricted stock vesting under a registered plan. The filing lists an aggregate offering price of $1,335,176.07 and a trade date of 03/02/2026. The broker is Morgan Stanley Smith Barney LLC.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	15969	1335176.07	623876813	03/02/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/02/2026	Restricted stock vesting under a registered plan	Issuer			15969	03/02/2026	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does XEL's Form 144 disclose about the transaction?

The filing discloses a proposed sale of 15,969 common shares tied to restricted stock vesting under a registered plan, with a trade date of 03/02/2026 and broker listed as Morgan Stanley Smith Barney LLC.

How much aggregate value is listed for the XEL shares in Form 144?

The Form 144 lists an aggregate offering price of $1,335,176.07 for the proposed sale of 15,969 common shares, as shown on the filing with a trade date of 03/02/2026.

Why are the XEL shares being sold according to the filing?

The filing states the shares arise from restricted stock vesting under a registered plan and are associated with services rendered, indicating the sale follows vesting events rather than an open-market purchase.

Which broker is handling the proposed XEL sale in the Form 144?

The broker listed is Morgan Stanley Smith Barney LLC, with an address shown as 1 New York Plaza, 8th Floor, New York, NY 10004, and the transaction is linked to the NASDAQ listing on 03/02/2026.