Form 4: Xcel Energy Director Timothy A. Welsh Reports Changes in Beneficial Ownership
SEC Form 4
Director Timothy A. Welsh reports acquisition and disposal of Xcel Energy stock equivalent units.
Summary
- On May 22, 2024, Timothy A. Welsh, a director of Xcel Energy Inc., reported changes in beneficial ownership.
- Welsh acquired 3,061.96 stock equivalent units, each representing one share of common stock.
- He also disposed of 7,046.779 shares of common stock.
- Following these transactions, Welsh still beneficially owns stock equivalent units, including 32.524 units acquired through reinvestment of dividend equivalents.
- The stock equivalent units are payable in shares of common stock upon termination of his service as a director, with fractional units payable in cash.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: acquisition and disposal of Xcel Energy stock equivalent units and shares. |
| 05/23/2024 | Date of signature by Attorney in Fact for Timothy A. Welsh. |
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