Welcome to our dedicated page for Xcel Energy SEC filings (Ticker: XEL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Xcel Energy Inc. filings document the regulatory record of a public utility holding company and its electric and natural gas utility subsidiaries. The filings cover operating and financial results, common stock and registered note securities, subsidiary registrants including Northern States Power, Public Service Company of Colorado and Southwestern Public Service Company, and material events reported on Form 8-K.
Company disclosures include proxy materials for annual shareholder voting, board and committee governance, executive compensation matters, debt and liquidity arrangements, equity distribution programs, junior subordinated notes, first mortgage bond transactions and other capital-structure activity. The record also identifies Nasdaq-listed securities under XEL and XELLL and provides formal disclosures tied to utility operations, financing, governance and risk oversight.
Xcel Energy Inc. disclosed that it issued $800,000,000 in aggregate principal amount of 5.75% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series due 2056. The notes were sold under an existing shelf registration on Form S-3 and an underwriting agreement dated February 26, 2026.
The notes are governed by a Junior Subordinated Indenture dated October 1, 2025 and Supplemental Indenture No. 2 dated March 3, 2026, with U.S. Bank Trust Company, National Association, as trustee. This report mainly files the supplemental indenture and related legal and tax opinions as exhibits.
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.
Xcel Energy Inc. is offering $800,000,000 of 5.75% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056.
The notes bear interest at 5.75% from the original issue date March 3, 2026 through the First Reset Date December 3, 2031, then reset every five years to the Five-Year U.S. Treasury Rate plus 2.168% (floor of 5.75%). Xcel may defer interest payments for up to twenty consecutive semi-annual periods, and the notes rank junior to senior indebtedness. Net proceeds, estimated at approximately $789,500,000, are intended to repay short-term borrowings including commercial paper and for general corporate purposes.
Xcel Energy senior vice president and controller Melissa Ostrom reported equity compensation activity involving performance and restricted stock units. On February 24, 2026, 1,104.14 restricted stock units were exercised and settled into common shares on a one-for-one basis, tied to 2023–2025 performance share awards.
She also acquired a grant or award of 3,775 common shares, bringing her directly held common stock to 10,880.138 shares after the transactions. In connection with these settlements, 1,546.14 shares of common stock were withheld at $83.35 per share to cover tax obligations, with fractional interests paid in cash.
Separately, she indirectly holds 403.959 shares of Xcel Energy common stock in the company’s 401(k) Savings Plan, based on a plan statement dated February 20, 2026. Some balances reflect additional units and shares accumulated through reinvested dividends and dividend equivalents since the original grants.
Xcel Energy SVP Patricia Correa reported equity award activity involving performance share units and restricted stock units that were settled in common stock on February 24, 2026. She acquired 3,235.053 restricted stock units through a derivative exercise and 11,053 shares of common stock as a grant or award, both at a stated price of $0.0000 per share. An additional 3,235.053 shares of common stock were acquired upon conversion of derivative awards, and 4,921.053 shares of common stock were withheld at $83.35 per share to cover tax obligations. The filing notes these transactions relate to performance share unit awards for the 2023–2025 performance period, which vested on December 31, 2025 and were settled in stock on February 24, 2026, and that dividend reinvestment increased both units and share counts. Following these transactions, Correa directly owned 20,874.373 shares of Xcel Energy common stock.
XCEL ENERGY INC executive Scott Sharp reported equity compensation activity, not open‑market trading. On February 24, 2026, he acquired 4,081 shares of common stock through a grant or award and 1,065.507 shares through the settlement of performance share unit and restricted stock unit awards, which convert to common stock on a one-for-one basis.
To cover tax obligations on these settlements, 1,619.507 shares of common stock were withheld at a price of $83.35 per share. After these transactions, Sharp directly held 26,156.073 shares of common stock and indirectly held 97.236 shares in the Xcel Energy Stock Fund under the company’s 401(k) Savings Plan as of a plan statement dated February 20, 2026.
XCEL ENERGY INC executive Michael G. Lamb reported equity award activity and related tax withholding. On February 24, 2026, 2,887.776 restricted stock units were exercised into common stock and 3,615 shares of common stock were granted at no cost, reflecting settlement of performance share unit and restricted stock unit awards for the 2023–2025 period.
To cover tax obligations on these settlements, 1,977.776 common shares were withheld at $83.35 per share. After these transactions, Lamb held 11,999.120 shares of common stock directly, plus indirect holdings of 2,023.683 shares in the Xcel Energy 401(k) Savings Plan and 23,808.444 shares through the Michael G. Lamb Family Trust, including units increased by dividend equivalent reinvestment. The awards vested on December 31, 2025 and were settled in stock on February 24, 2026.
Xcel Energy EVP Ryan J. Long reported equity compensation activity involving restricted stock units and performance share units. On February 24, 2026, 1,127.357 restricted stock units were exercised and converted into common stock, consistent with the one-for-one settlement described.
He also acquired 4,322 shares of common stock as a grant or award and received 1,127.357 shares from the derivative settlement, bringing his direct common stock holdings to 16,916.251 shares before tax withholding. To cover tax obligations on these performance and restricted share settlements, 1,725.357 shares were withheld at $83.35 per share, leaving 15,190.894 shares held directly.
Footnotes explain these transactions relate to settlement of performance share unit awards for the 2023–2025 period, including additional units from reinvested dividend equivalents. Separately, 1,919.802 shares are held indirectly in the Xcel Energy Stock Fund under the company’s 401(k) Savings Plan as of a statement dated February 20, 2026.
XCEL ENERGY INC executive Amanda J. Rome reported several stock-related transactions. She received a grant of 20,700 shares of common stock on a no-cost basis and settled performance share unit awards for the 2023-2025 period in stock, including shares from dividend reinvestment.
On the same date, 6,056.336 restricted stock units were converted into common stock on a one-for-one basis, while 10,787.336 shares at $83.35 per share were withheld to cover tax obligations rather than sold in the market. After these transactions, she directly owned 63,906.097 common shares.
XCEL ENERGY INC Executive Vice President and Chief Financial Officer Brian J. Van Abel reported multiple equity transactions in company stock. On February 24, 2026, he acquired 28,041 common shares at a stated price of $0.00, representing settlement of performance share unit awards for the 2023–2025 period. He also acquired 8,202.026 common shares through the exercise and conversion of restricted stock units, which are settled in common stock on a one-for-one basis. To cover tax obligations related to these performance and restricted stock unit settlements, he disposed of 15,245.026 shares at $83.35 per share. Following these transactions, his directly held common stock position was 101,568.05 shares, and he indirectly held an additional 16.219 shares in the Xcel Energy Stock Fund under the company 401(k) Savings Plan as of a plan statement dated February 20, 2026.