Xcel Energy Director Peter W. Carter Receives 1,818.74-Share Award

What Happened

• Peter W. Carter, a director of Xcel Energy Inc. (XEL), was granted 1,818.74 stock-equivalent units on 2026-07-29. The units were reported as acquired at $0.00 (total reported value $0), coded as an award/acquisition (A) on the Form 4 filed 2026-07-31.
• The grant includes 0.74 fractional stock-equivalent units; whole units are the economic equivalent of one share each.

Key Details

• Transaction date: 2026-07-29; Form 4 filed: 2026-07-31 (filed two days after the transaction).
• Price/consideration: $0.00 per unit; total reported cash consideration $0.
• Amount: 1,818.74 shares/stock-equivalent units (includes 0.74 fractional unit).
• Shares owned after transaction: Not reported in the provided data.
• Footnote: Fractional units (0.74) are payable in cash; whole stock-equivalent units are payable in shares following termination of the director’s service.

Context

• These units are stock-equivalent awards (commonly used for director compensation). They represent an economic stake but, per the footnote, whole units are typically settled in shares only after the director’s service ends, and the fractional portion is paid in cash — so they may not be immediately tradable shares. This is a compensation award rather than an open-market purchase or sale.