Form 4: Excelerate Energy Executive Reports Stock Transaction
SEC Form 4 Filing
Oliver Simpson, an executive at Excelerate Energy, reports the withholding of restricted stock units to cover tax obligations.
Summary
- On March 31, 2025, Oliver Simpson, Executive Vice President and Chief Commercial Officer of Excelerate Energy, Inc., had 355 Class A Common Stock units withheld to cover tax obligations.
- The price per share was $27.99.
- Following the transaction, Simpson beneficially owns 47,023 shares, including 35,669 outstanding Restricted Stock Units (RSUs).
- These RSUs were granted on March 31, 2023, under the company's Long-Term Incentive Plan, with a portion vesting on March 31, 2025.
- Each RSU represents the right to receive one share of Class A common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the withholding of shares for tax purposes, which is a standard practice.
Key Dates
| Date | Description |
|---|---|
| 03/31/2023 | RSUs were granted to the Reporting Person pursuant to the Excelerate Energy, Inc. Long-Term Incentive Plan |
| 03/31/2025 | Date of transaction: withholding of RSUs for tax obligations and vesting of a portion of RSUs. |
| 04/02/2025 | Date of Form 4 filing. |
Keywords
Excelerate Energy, Oliver Simpson, Form 4, Stock Transaction, RSUs, Tax Withholding, Beneficial Ownership
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