KAMPLING PATRICIA L 4
4 · XCEL ENERGY INC · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
Xcel Energy (XEL) Director Patricia Kampling Receives 607.78-Share Award
What Happened
Patricia L. Kampling, a director of Xcel Energy Inc. (XEL), received an award of 607.783 stock-equivalent units on 2026-06-28 (Form 4 filed 2026-06-30). The units were reported as acquired at $0.00 on the Form 4; using the reported per-unit reference price of $82.23 for most units, the grant’s approximate market value is about $50,000. This was an award/retainer grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-28; Form 4 filed 2026-06-30 (timely filing).
- Reported acquisition: 607.783 stock-equivalent units at $0.00 (award).
- Valuation detail: 506.486 units were granted in lieu of the quarterly cash retainer and referenced at $82.23 per unit; 101.297 units were granted at no cost as a 20% premium on the retainer (footnotes F1–F2).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding sale, or late-filing flag noted in the provided details.
Context
This is a routine director compensation award converting a cash retainer into stock-equivalent units payable in whole shares after the director’s service ends (fractional units paid in cash). Such grants are common for non-employee directors and represent compensation rather than a discretionary market purchase or sale.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-28+607.783→ 25,158.421 total
Footnotes (2)
- [F1]Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as director and fractional units are payable at such time in cash.
- [F2]Of the 607.783 stock equivalent units, 506.486 were granted at a price of $82.23 per unit in lieu of the reporting person's quarterly cash retainer, and 101.297 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.