Form 4: Xcel Energy SVP Patricia Correa Reports Stock Transactions
SEC Filing
Patricia Correa, SVP and Chief Human Resources Officer at Xcel Energy, reports the settlement of performance share units and restricted stock units, along with related tax withholding.
Summary
- Patricia Correa, a Senior Vice President at Xcel Energy, filed a Form 4 detailing changes in her beneficial ownership of XEL stock.
- On February 25, 2025, Correa settled performance share unit awards for the 2022-2024 performance period, acquiring 5,983 shares.
- She also converted 1,665.132 restricted stock units into common stock.
- 2,342.132 shares were withheld to cover tax obligations related to the settlement of these awards at a price of $70.78 per share.
- Following these transactions, Correa directly owns 11,305.456 shares of XEL common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| February 1, 2022 | Original grant date of 1,522 restricted stock units. |
| 2022-2024 | Performance period for performance share unit awards. |
| December 31, 2024 | Vesting date of restricted stock units. |
| February 25, 2025 | Date of transactions: settlement of performance share units, conversion of restricted stock units, and tax withholding. |
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