Director Lynn Casey granted 2,253.944 stock units at Xcel (XEL)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
XCEL ENERGY INC director Lynn Casey reported a grant of 2,253.944 stock equivalent units of Common Stock. The award was recorded at a price of $0.0000 per unit, reflecting a compensation-related grant rather than an open-market purchase or sale.
Each stock equivalent unit is the economic equivalent of one share of common stock and is payable in shares after the director’s service ends, with fractional units paid in cash. The reported amount includes 1.06 stock equivalent units and 292.329 shares acquired through reinvested dividend equivalents. Following this grant, Casey directly holds 43,123.290 shares or equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Casey Lynn
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,253.944 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 43,123.29 shares (Direct, null)
Footnotes (1)
- Represents stock equivalent units. Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of the reporting person's service as a director, and fractional units are payable at such time in cash. Includes 1.06 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents. Includes 292.329 shares of stock acquired pursuant to the reinvestment of dividend equivalents.
Key Figures
Stock equivalent units granted: 2,253.944 units
Grant price per unit: $0.0000 per unit
Holdings after transaction: 43,123.290 units
+2 more
5 metrics
Stock equivalent units granted
2,253.944 units
Grant to director Lynn Casey on 2026-05-21
Grant price per unit
$0.0000 per unit
Compensation-related award, not market purchase
Holdings after transaction
43,123.290 units
Total direct holdings following the grant
Dividend equivalent units
1.06 units
Stock equivalent units from dividend reinvestment
Dividend equivalent shares
292.329 shares
Shares from reinvested dividend equivalents
Key Terms
stock equivalent units, dividend equivalents, Common Stock, grant, award, or other acquisition
4 terms
stock equivalent units financial
"Represents stock equivalent units. Each stock equivalent unit is the economic equivalent of one share of common stock."
Stock equivalent units are financial claims or instruments that are treated as if they were actual shares for purposes like calculating ownership, dilution, and earnings per share. Think of them as promises or placeholders for future slices of company pie—options, restricted units, or convertible securities—that don’t yet sit on the table but will reduce each existing slice when converted. Investors track them because they change how much of a company each share really represents and can affect valuation and voting power.
dividend equivalents financial
"Includes 1.06 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did XCEL ENERGY INC (XEL) director Lynn Casey report?
Lynn Casey reported receiving 2,253.944 stock equivalent units of XCEL ENERGY INC Common Stock as a grant. The units were booked at $0.0000 per unit, indicating a compensation-related award rather than an open-market trade, and increased Casey’s direct holdings to 43,123.290 units.
What are stock equivalent units in the XCEL ENERGY INC (XEL) Form 4 filing?
Stock equivalent units are the economic equivalent of one XCEL ENERGY INC common share. Whole units are payable in common stock after the director’s service terminates, while fractional units are paid in cash at that time, aligning director compensation with shareholder value over the service period.
Was the XCEL ENERGY INC (XEL) Lynn Casey transaction an open-market buy or sell?
No, the transaction was not an open-market buy or sell. It was coded as a grant or award (transaction code A) for 2,253.944 stock equivalent units at $0.0000 per unit, representing compensation rather than a discretionary market trade by the director.
How do dividend equivalents affect Lynn Casey’s XCEL ENERGY INC (XEL) holdings?
Dividend equivalents modestly increase Lynn Casey’s holdings over time. The filing notes 1.06 stock equivalent units and 292.329 shares were acquired through reinvestment of dividend equivalents, adding to the overall position alongside the main 2,253.944-unit grant reported.
What does transaction code A mean in the XCEL ENERGY INC (XEL) Form 4?
Transaction code A in this Form 4 indicates a grant, award, or other acquisition rather than a market purchase. For Lynn Casey, it reflects a compensation-related award of 2,253.944 stock equivalent units of XCEL ENERGY INC Common Stock at a recorded price of $0.0000 per unit.