Simpson Oliver 4

4 · Excelerate Energy, Inc. · Filed Feb 20, 2026

AI-generated summary of this filing

Updated Feb 20, 2026

Excelerate Energy (EE) EVP Simpson Oliver Receives Award, Withholds Shares

What Happened

Simpson Oliver, Executive Vice President & Chief Commercial Officer of Excelerate Energy (EE), received 1,672 performance-based shares (PSUs) that vested on Feb 18, 2026. The filing shows the award recorded as acquisition (A) at $0.00 per share.
To satisfy tax withholding, 714 of those shares were surrendered (code F) at $41.78 per share for proceeds of $29,831. Net shares retained after withholding: 958 (approx. $40,025 based on $41.78/share).

Key Details

Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (filed within the usual 2-business-day window).
Award: 1,672 PSUs vested (reported as acquired at $0.00).
Withholding: 714 shares disposed to cover tax liability at $41.78 each for $29,831 (code F).
Net shares retained: 958 (noted above). Shares owned after the transaction are not disclosed in the excerpt provided.
Footnotes:
- F1: PSUs were granted Mar 31, 2023 under the LTIP and vested based on performance measured Jan 1, 2023–Dec 31, 2025; the compensation committee certified achievement on Feb 18, 2026 (132% of adjusted ROE target; 96.80% of relative TSR target).
- F2: The 714 shares were withheld to satisfy the reporting person’s tax withholding obligation.
No late-filing indication in the provided filing.

Context

These were performance stock units that converted to shares upon certification of performance — not an open-market purchase or an options exercise. The withholding of shares to cover taxes is a routine administrative disposition and does not necessarily indicate a change in the insider’s view of the company.

Form 4

Period: 2026-02-18

See Remarks

Transactions

Award
Class A Common Stock
[F1]
2026-02-18+1,672→ 48,017 total
Tax Payment
Class A Common Stock
[F2]
2026-02-18$41.78/sh−714$29,831→ 47,303 total

Footnotes (2)

[F1]Represents performance stock units ("PSUs") granted on March 31, 2023 pursuant to the Excelerate Energy, Inc. Long-Term Incentive Plan, each of which represented a contingent right to receive one share of Class A common stock of the Issuer. The PSUs vested at 132% of the target amount of the Issuer's adjusted return on equity and 96.80% of the target amount of the Issuer's relative total shareholder return within a group of peer companies, both as measured from January 1, 2023 through December 31, 2025. The Issuer's compensation committee certified the achievement of the performance goal on February 18, 2026.
[F2]Reflects PSUs reported as acquired under footnote (1) above that were withheld to satisfy the Reporting Person's tax withholding liability.

Signature

/s/ Alisa Newman Hood, Attorney-in-Fact|2026-02-20

1 file