XCEL ENERGY INC SEC Filings

Xcel Energy is asking shareholders to vote at its virtual 2026 annual meeting on May 20, 2026 on three items: electing 10 directors, an advisory say-on-pay vote and ratifying Deloitte & Touche as auditor for 2026.

The proxy highlights 2025 performance, including $3.80 ongoing EPS, record $12 billion of infrastructure investment and 99.98% electric reliability. Management notes 21 consecutive years of meeting or exceeding initial earnings guidance and 23 years of consecutive dividend increases. The company reports a 58% reduction in carbon emissions from 2005 levels and a goal to be a net-zero energy provider by 2050.

Xcel outlines a five-year, $60 billion capital plan for 2026–2030, adding 1,900 MW of storage, 3,000 MW of natural gas generation and 7,500 MW of zero-carbon renewables, plus $5 billion for grid hardening and wildfire mitigation. The proxy emphasizes strong governance practices, an experienced mostly independent board, clear risk oversight and a pay-for-performance compensation program that ties a significant portion of executive pay to EPS growth, carbon reduction and other operational and sustainability metrics.

XCEL ENERGY INC director Timothy A. Welsh received a compensation-related stock award. He acquired 480.215 stock equivalent units tied to common stock as part of his director retainer. Of these, 400.179 units were granted at a price of $78.09 per unit instead of his quarterly cash retainer, and 80.036 units were granted at no cost as a 20% premium on that retainer amount.

The stock equivalent units will be paid in whole shares of common stock, with any fractional units settled in cash, after Welsh’s service as a director ends. Following this award, his directly held common stock and stock equivalent units total 14,660.215 shares and units, indicating this is a routine compensation grant rather than an open-market purchase.

XCEL ENERGY INC director Charles G. Pardee received an equity-based grant tied to board compensation. He acquired 580.527 stock equivalent units of common stock as part of his director retainer, bringing his directly owned common stock and units to 30,940.792 shares-equivalent.

According to the disclosure, 483.772 of these stock equivalent units were granted at a price of $78.09 per unit in lieu of his quarterly cash retainer, while 96.775 units were granted at no cost as a 20% premium on that retainer amount. The units are payable in whole shares of common stock after he leaves the board, and any fractional units will be settled in cash. The position also includes 118.552 stock equivalent units previously acquired through the reinvestment of dividend equivalents, showing that a portion of his stake grows automatically as dividends are paid.

KAMPLING PATRICIA L reported acquisition or exercise transactions in this Form 4 filing.

XCEL ENERGY INC director Patricia L. Kampling received an equity retainer of 614.675 stock equivalent units of common stock. These units are payable in whole shares of common stock after her board service ends, with any fractional units settled in cash.

Of the 614.675 units, 512.229 were granted at $78.09 per unit in lieu of her quarterly cash retainer, and 102.446 were granted at no cost as a 20% premium on that retainer. Following this award, she holds a total of 22,225.127 shares and stock equivalent units directly, including 72.949 units accumulated from reinvested dividend equivalents.

Casey Lynn reported acquisition or exercise transactions in this Form 4 filing.

XCEL ENERGY INC director Lynn Casey received an equity-based compensation award. On this Form 4, Casey was granted 518.632 stock equivalent units tied to common stock, bringing direct holdings to 40,575.957 shares and units.

The award is a retainer granted in stock equivalent units that will be paid in whole shares of common stock after Casey’s board service ends, with any fractional units paid in cash. Of the 518.632 units, 432.193 were granted at $78.09 per unit in place of a quarterly cash retainer, and 86.439 were granted at no cost as a 20% premium on that retainer amount.

Xcel Energy Inc: The Vanguard Group filed an Amendment No. 11 to a Schedule 13G/A and reports 0 shares beneficially owned, representing 0% of the class.

The filing explains an internal realignment effective January 12, 2026 and states certain subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538. The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026.

Xcel Energy executive Amanda J. Rome reported a small inheritance-related change in her shareholdings. On the reported date, an estate or will transfer involving 6 shares of common stock was recorded under a non-market code. After this adjustment, she directly holds 55,819.097 Xcel Energy common shares.

Xcel Energy Inc. senior vice president and controller Melissa Ostrom acquired an award of 1,450 restricted stock units of common stock on March 2, 2026. These units will vest on December 31, 2028 if she is still employed by Xcel Energy, and will then convert into shares on a one-for-one basis. The filing also reports 403.981 shares held indirectly in the Xcel Energy Stock Fund through the company’s 401(k) savings plan as of a March 2, 2026 plan statement.

Correa Patricia reported acquisition or exercise transactions in this Form 4 filing.

XCEL ENERGY INC senior vice president Patricia Correa reported an equity award of 4,207 restricted stock units on common stock. The units vest on December 31, 2028 if she remains employed with Xcel Energy through that date and will settle one-for-one in common shares. Following this grant, her directly held and awarded common stock position totals 25,081.373 shares.