Pardee Charles G 4
Research Summary
AI-generated summary
Xcel Energy Director Charles Pardee Receives 2,253.944-Share Award
What Happened Charles G. Pardee, a director of Xcel Energy Inc. (XEL), was granted 2,253.944 shares (transaction code A) on 2026-05-21. The award was recorded at $0.00 per share (total $0), and the grant includes stock equivalent units rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-21; Form 4 filed 2026-05-22 (timely filing).
- Transaction type/code: Award/other acquisition (A).
- Shares reported acquired: 2,253.944 common stock equivalents at $0.00 per share (total value $0).
- Footnote highlights:
- F1: 0.944 of the units are fractional stock-equivalent units; whole units are payable in shares after termination of director service, fractional units payable in cash.
- F2: 116.383 of the units were acquired via reinvestment of dividend equivalents.
- Shares owned after transaction: Not disclosed in the information provided in this summary.
Context This was a compensation-related award of stock-equivalent units for a director (not a market purchase or sale). Stock-equivalent units are an economic equivalent of shares; they often convert to actual shares or cash under the company's director-compensation rules and do not by themselves indicate a buy/sell decision by the director.