Form 4: Xcel Energy Executive Timothy O'Connor Reports Stock Transactions
SEC Form 4 Filing
EVP and Chief Operations Officer of Xcel Energy, Timothy O'Connor, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On February 25, 2025, Timothy O'Connor, EVP and Chief Operations Officer of Xcel Energy, reported transactions involving XEL common stock and restricted stock units.
- O'Connor acquired 17,938 shares of common stock related to the settlement of performance share unit awards.
- He also acquired 4,993.207 shares of common stock from restricted stock units.
- 9,703.207 shares were disposed of to satisfy tax obligations.
- Following these transactions, O'Connor directly owns 20,857 shares of common stock and indirectly owns 398.229 shares through a 401(k) plan.
- The restricted stock units were settled in common stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the executive's transactions in company stock, which can be monitored for insights into management's perspective on the company's value.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into executive compensation and stock ownership.
- The filing ensures transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| January 3, 2022 | Original grant date of 4,564 restricted stock units. |
| February 21, 2025 | Date of Xcel Energy Stock Fund plan statement. |
| December 31, 2024 | Award vested date. |
| February 25, 2025 | Date of reported transactions: acquisition and disposal of shares. |
| February 27, 2025 | Date of signature on the Form 4 filing. |
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