Simpson Oliver 4

What Happened

• Oliver Simpson, Executive Vice President and Chief Commercial Officer of Excelerate Energy (EE), received 15,073 restricted stock units (RSUs) on March 5, 2026 as an award. Simultaneously, 4,657 shares were withheld to satisfy tax withholding obligations at an effective price of $38.48 per share, totaling $179,201. The RSUs are awards (code A); the withholding is reported under code F (tax withholding), not an open-market sale.

Key Details

• Transaction date: March 5, 2026.
• Award: 15,073 RSUs granted/recorded as acquired at $0.00 (each RSU represents the right to one share).
• Withholding: 4,657 shares withheld at $38.48 = $179,201 to satisfy tax liability.
• Vesting note (footnotes): RSUs were granted on March 5, 2024 and March 5, 2025 and vest ratably on each of the first three anniversaries; a portion vested on March 5, 2026.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Filed March 9, 2026 for a March 5 transaction; filing is within the normal Form 4 timing (not indicated as late).

Context

• This was an RSU award and a tax-withholding transaction (common when RSUs vest). The withheld shares are not a discretionary sale by the insider but were surrendered to cover taxes. Awards increase potential future ownership as remaining RSUs convert to shares over time; withheld shares reduce the net shares delivered to the insider.