| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Frenzel Robert | Chairman, President and CEO, Director | 414 NICOLLET MALL, MINNEAPOLIS | Kristin L. Westlund, Attorney in Fact for Robert Frenzel | 26 Feb 2026 | 0001672519 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | XEL | Common Stock | Award | $0 | +97,065 | +24% | $0.000000 | 499,335 | 24 Feb 2026 | Direct | F1 |
| transaction | XEL | Common Stock | Options Exercise | +28,393 | +5.7% | 527,728 | 24 Feb 2026 | Direct | F2 | ||
| transaction | XEL | Common Stock | Tax liability | $4,767,257 | -57,196 | -11% | $83.35 | 470,532 | 24 Feb 2026 | Direct | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | XEL | Restricted Stock Units | Options Exercise | $0 | -28,393 | -100% | $0.000000 | 0 | 24 Feb 2026 | Common Stock | 28,393 | Direct | F2, F4, F5 |
| Id | Content |
|---|---|
| F1 | Represents the settlement of performance share unit awards for the 2023-2025 performance period. |
| F2 | Restricted stock units are settled in common stock on a one-for-one basis. |
| F3 | Represents the withholding of shares to satisfy tax obligations upon the settlement of the 2023-2025 performance share unit awards and restricted stock unit awards. Fractional share interests were settled in cash. |
| F4 | Number of units shown reflects the reinvestment of 2,703.65 dividend equivalents since the original grant of 25,689 units on January 3, 2023. |
| F5 | Award vested on December 31, 2025 but was settled in shares of common stock on February 24, 2026. |