Form 4: Excelerate Energy Executive Alisa Newman Hood Reports Stock Transaction
SEC Form 4 Filing
Alisa Newman Hood, Executive Vice President, General Counsel and Secretary of Excelerate Energy, Inc., reports the withholding of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 31, 2024, Alisa Newman Hood, an executive at Excelerate Energy, Inc., had shares of Class A Common Stock withheld to cover tax liabilities.
- This transaction involved 854 shares withheld at a price of $16.02 per share.
- Following the transaction, Newman Hood beneficially owns 20,838 shares, which includes 19,187 outstanding Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/31/2023 | Date the RSUs were granted to the Reporting Person pursuant to the Excelerate Energy, Inc. Long-Term Incentive Plan. |
| 03/31/2024 | Date of the stock transaction and vesting of a portion of the RSUs. |
| 04/02/2024 | Date of the report filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.