Bent Michael Anthony 4

What Happened Bent Michael, Vice President, Controller and Chief Accounting Officer of Excelerate Energy, was granted 5,783 restricted stock units (RSUs) on March 5, 2026 (reported on Form 4). On the same date, 1,782 shares were withheld and disposed to satisfy tax withholding obligations at $38.48 per share, generating proceeds of $68,571. The grant is an award (A) and the withheld disposition is reported under tax withholding (F).

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (timely).
• Grant: 5,783 RSUs acquired (grant value reported as $0 on Form 4; RSUs represent the right to one share each).
• Withholding: 1,782 shares withheld/disposed at $38.48 per share for taxes = $68,571.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: RSUs were granted March 5, 2024 and March 5, 2025; a portion vested March 5, 2026 (RSUs vest ratably over the first three anniversaries). Withheld shares reflect tax-withholding of vested RSUs.
• Transaction codes: A = Award/Grant, F = Tax withholding.

Context RSUs are compensation awards that convert to shares when they vest; the withheld shares were used to cover withholding tax and are routine (not an open-market sale). This filing reports a standard equity award and tax withholding by a company executive and does not, by itself, indicate a change in the insider’s market view.