Biswal Nisha 4

What Happened
Nisha Biswal, a director of Excelerate Energy, was granted 3,639 restricted stock units (RSUs) on March 5, 2026. The grant was reported as an award/acquisition at a $0.00 per-share price (total reported value $0). The RSUs represent the right to receive one share of Class A common stock per unit and vest in full on the first anniversary of the grant date.

Key Details

• Transaction type: Award/Grant (Code A) of 3,639 RSUs on 2026-03-05
• Reported price: $0.00 per unit (grant) — total reported acquisition value $0
• Vesting: RSUs vest in full on the first anniversary of the grant (per footnote)
• Filing: Form 4 filed 2026-03-09 for the March 5 transaction (filed within the standard two business-day period)
• Shares owned after transaction: Not specified in the provided filing summary

Context
RSUs are a form of compensation that convert to shares upon vesting; this grant is a compensation award rather than an open-market purchase or sale. Such awards are common for executives and directors and do not on their own indicate immediate buying or selling intent. Upon vesting, the recipient will receive shares (which they may hold or sell subject to company policies and insider-trading rules).