Bent Michael Anthony 4

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.