Xcel Energy (XEL) Director Timothy Welsh Receives 580 Stock Units

What Happened

• Timothy A. Welsh, a director of Xcel Energy Inc. (XEL), was granted 580.229 stock-equivalent units on Sept 28, 2026. The filing shows an acquisition price of $0.00 (award). Using the $69.80/unit reference in the filing, the grant’s market value is roughly $40,500. This is a director retainer award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-28; Form 4 filed 2026-09-30 (timely).
• Reported acquisition: 580.229 stock-equivalent units at $0.00 (award).
• Valuation detail from footnotes: 483.524 units elected in lieu of the quarterly cash retainer at $69.80/unit; 96.705 units granted at no cost as a 20% premium; total implies ~580.229 units.
• Includes 128.133 units received via reinvestment of dividend equivalents.
• These units are payable in whole shares of common stock following termination of the director’s service (fractional units payable in cash).
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This is a routine director compensation award (retainer paid in stock-equivalent units). Such grants are normal for non-employee directors and reflect compensation, not necessarily an insider signal of buying or selling intent. The $0.00 acquisition price denotes an award/grant rather than a market purchase.