Rome Amanda J 4

What Happened

• Amanda J. Rome, EVP and Group President — Utilities at Xcel Energy (XEL), received equity award shares and converted derivative awards on Feb 24, 2026. The filing shows 20,700 shares issued as awards (no purchase price) and a conversion/exercise that resulted in 6,056.336 shares being issued. To cover tax obligations, 10,787.336 shares were withheld/paid at $83.35 per share for a withholding value of $899,124. Fractional shares were settled in cash.

Key Details

• Transaction date: February 24, 2026.
• Award/grant: 20,700 shares (code A) — settled from performance/restricted share awards; no cash purchase price.
• Derivative exercise/conversion: 6,056.336 shares (code M) reported as acquired via conversion/exercise and also shown as a derivative disposition (administrative reporting).
• Tax withholding/payment: 10,787.336 shares disposed @ $83.35 = $899,124 (code F) to satisfy tax withholding upon settlement.
• Notable footnotes: settlement represents the 2023–2025 performance-share-unit (PSU) period (F1); restricted stock units settle one-for-one (F3); reinvested dividend equivalents are included (F2, F5); award vested Dec 31, 2025 but was settled Feb 24, 2026 (F6); fractional shares settled in cash and shares withheld to satisfy taxes (F4).
• Shares owned after transaction: Not specified in the excerpt provided.
• Filing timeliness: Not indicated in the provided filing excerpt.

Context

• This filing reflects routine settlement of performance-share and restricted-stock awards and conversion of related derivative units, not an open-market sale or purchase decision. The 10,787.336-share disposition was a tax-withholding action (common when equity awards vest) rather than a market-sale indicating a change in investment view.