Simpson Oliver 4/A
Research Summary
AI-generated summary
Excelerate Energy (EE) EVP & CCO Oliver Simpson Sells 6,000 Shares
What Happened
Oliver Simpson, Executive Vice President and Chief Commercial Officer of Excelerate Energy (EE), sold 6,000 shares in an open-market transaction on March 20, 2026. The sale was reported at a weighted price of $34.15 per share for total proceeds of $204,900. According to the filing, the shares traded across prices ranging from $33.95 to $34.60.
Key Details
- Transaction date: 2026-03-20 (Period of Report). Amended Form 4 filed 2026-03-25.
- Transaction type: Sale (S) — 6,000 shares disposed.
- Reported weighted price: $34.15; price range: $33.95–$34.60. Total value ≈ $204,900.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1: Sale was effected under a Rule 10b5-1 trading plan adopted December 17, 2025.
- F2: Reporting person will provide breakdown of number of shares sold at each price on request.
- F3: Weighted price reflects multiple transactions within the stated price range.
- Filing status: This is an amended Form 4 filed March 25; check the original filing for timeliness details.
Context
Sales made under a Rule 10b5-1 plan are pre-arranged and can be routine (e.g., for diversification or liquidity) rather than a direct signal about the insider’s view of the company. This filing is informational; it reports the sale but does not explain the insider’s motive.