Form 4: Excelerate Energy Executive Amy Thompson Broussard Reports Stock Disposal for Tax Obligations

Amy Thompson Broussard, an executive at Excelerate Energy, disposed of shares to cover tax obligations related to vested restricted stock units.

Summary

• On March 31, 2024, Amy Thompson Broussard, Executive Vice President and Chief Human Resources Officer of Excelerate Energy, Inc. [EE], disposed of 525 shares of Class A Common Stock to satisfy tax withholding obligations.
• The shares were disposed of at a price of $16.02 per share.
• Following the transaction, Broussard directly owns 17,957 shares, which includes 14,824 outstanding restricted stock units (RSUs).
• These RSUs were granted on March 31, 2023, under the Excelerate Energy, Inc. Long-Term Incentive Plan, with a portion vesting on March 31, 2024.
• Each RSU represents the right to receive one share of Class A common stock of the Issuer.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. This filing indicates a routine transaction to cover tax obligations related to vested equity.

Key Dates