Xcel Energy (XEL) EVP sells shares and receives RSU grant

Rhea-AI Filing Summary

Xcel Energy EVP Amanda J. Rome reported mixed share activity. She completed an open-market sale of 15,969 shares of common stock at a weighted average price of $83.61 per share, with individual trades ranging from $83.50 to $83.82. After this sale, she directly held 47,937.097 shares.

Rome also acquired 7,876 restricted stock units at no cost as a grant. These RSUs are scheduled to vest on December 31, 2028, contingent on her continued employment with Xcel Energy, and will be settled one-for-one in shares of Xcel Energy common stock, bringing her direct holdings to 55,813.097 shares.

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

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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^*

Rome Amanda J

(Last) (First) (Middle)

414 NICOLLET MALL

(Street)

MINNEAPOLIS MN 55401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
XCEL ENERGY INC [ XEL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Group President, Utilitie

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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
Common Stock	03/02/2026		S		15,969	D	$83.61(1)	47,937.097	D
Common Stock	03/02/2026		A		7,876(2)	A	$0	55,813.097	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.50 to $83.82, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

2. Represents restricted stock units that vest on December 31, 2028 if the reporting person continues to be employed by Xcel Energy as of such date. Upon vesting, the restricted stock units will be settled in shares of Xcel Energy common stock on a one-for-one basis.

	Kristin L. Westlund, Attorney in Fact for Amanda J. Rome	03/04/2026
	** 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 transactions did XEL executive Amanda J. Rome report?

Amanda J. Rome reported an open-market sale of 15,969 Xcel Energy shares and a grant of 7,876 restricted stock units. The sale occurred around $83.61 per share, while the RSUs were awarded at no cost as part of her compensation.

At what prices did the XEL EVP sell Xcel Energy shares?

The EVP sold 15,969 Xcel Energy shares at a weighted average price of $83.61 per share. Individual trades occurred between $83.50 and $83.82, with full trade-level detail available upon request from the company or regulators.

What RSU grant did Amanda J. Rome receive from Xcel Energy (XEL)?

She received 7,876 restricted stock units that vest on December 31, 2028. Vesting requires her to remain employed by Xcel Energy through that date, after which each unit will convert into one share of Xcel Energy common stock.

How many Xcel Energy shares does the EVP hold after these transactions?

Following the reported sale and RSU grant, Amanda J. Rome directly holds 55,813.097 Xcel Energy shares. This figure reflects her common stock position after the 15,969-share sale and the addition of 7,876 restricted stock units awarded as part of compensation.

Were the XEL insider’s restricted stock units immediately tradeable?

No, the 7,876 restricted stock units are not immediately tradeable. They are scheduled to vest on December 31, 2028, conditional on continued employment, and only then will they settle into Xcel Energy common stock on a one-for-one basis.

Was Amanda J. Rome’s Xcel Energy share sale an open-market transaction?

Yes, the 15,969 Xcel Energy shares were sold in open-market transactions. The filing describes the activity as a sale in the open market or private transaction, with a weighted average sale price of $83.61 per share over a disclosed price range.