Bent Michael Anthony 4

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

AI-generated summary of this filing

Updated Feb 21, 2026

Excelerate Energy (EE) VP Bent Anthony Receives PSU Award; Withholds Shares

What Happened

Bent Michael Anthony, Vice President, Controller and Chief Accounting Officer of Excelerate Energy (EE), received 5,293 shares on Feb 18, 2026 as performance stock units (PSUs) that vested. The filing shows 5,293 shares acquired at $0.00 (award). To satisfy tax withholding, 2,135 of those shares were withheld (reported as disposed) at $41.78 per share, totaling $89,200. Net shares retained from the award = 3,158, with an approximate market value of $131,941 based on the $41.78 per-share figure.

Key Details

Transaction dates: award and withholding both reported on 2026-02-18; Form 4 filed 2026-02-20 (timely).
Award: 5,293 PSUs converted to shares (reported as acquisition, code A).
Withholding: 2,135 shares withheld to satisfy tax liability (reported as disposition, code F) at $41.78/share = $89,200.
Net shares retained: 3,158 (5,293 awarded − 2,135 withheld).
Shares owned after transaction: not specified in the filing.
Footnote highlights: PSUs were granted 3/31/2023 under the Long-Term Incentive Plan and vested based on performance measured 1/1/2023–12/31/2025 (certified by the compensation committee on 2/18/2026).
Filing timeliness: filed within the Form 4 deadline (not marked late).

Context

These were performance-based restricted awards (PSUs) that vested after the company-certified performance period; the award is an issuance of shares, not an open-market purchase. The 2,135-share "disposition" is a tax-withholding event (common in equity compensation) and does not indicate a market sale by the insider.

Form 4

Period: 2026-02-18

See Remarks

Transactions

Award
Class A Common Stock
[F1]
2026-02-18+5,293→ 30,042 total
Tax Payment
Class A Common Stock
[F2]
2026-02-18$41.78/sh−2,135$89,200→ 27,907 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