Form 4: Xcel Energy Director Patricia Kampling Reports Acquisition of Stock Equivalent Units

Director Patricia Kampling reports acquiring 350.548 stock equivalent units of Xcel Energy, increasing her total holdings to 17,771.727 units.

Summary

• On March 28, 2025, Patricia L. Kampling, a director of Xcel Energy Inc., acquired 350.548 stock equivalent units.
• These units were granted as part of her retainer, with 292.123 units valued at $69.32 each in lieu of a quarterly cash retainer, and 58.425 units granted as a 20% premium at no cost.
• Additionally, 65.204 units were acquired through the reinvestment of dividend equivalents.
• Following this transaction, Kampling's total beneficial ownership of Xcel Energy stock equivalent units stands at 17,771.727.
• The stock equivalent units are payable in whole shares of common stock upon termination of her service as a director, with fractional units paid in cash.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The director is increasing their stake in the company, which is generally a good sign. The transaction itself is routine and expected.

Positives

• The director's acquisition of stock equivalent units demonstrates continued investment and alignment with the company's performance.
• Reinvestment of dividend equivalents further increases stake.

Future Outlook

The stock equivalent units are payable in whole shares of common stock following termination of the reporting person's service as a director and fractional units are payable at such time in cash.

Industry Context

Directors often receive stock or stock equivalents as part of their compensation, aligning their interests with shareholders. This Form 4 filing is a routine disclosure of such transactions.

Stakeholder Impact

• The transaction signals confidence from a director, which can positively influence shareholder sentiment.

Key Dates

Keywords

Xcel Energy, Director, Stock Equivalent Units, Beneficial Ownership, Form 4, Kampling, XEL