Brian J. Van Abel - 24 Feb 2026 Form 4 Insider Report for XCEL ENERGY INC (XEL)

Role
EVP, Chief Financial Officer
Signature
Kristin L. Westlund, Attorney in Fact for Brian J. Van Abel
Issuer symbol
XEL
Transactions as of
24 Feb 2026
Net transactions value
-$1,270,673
Form type
4
Filing time
26 Feb 2026, 18:19:51 UTC
Previous filing
27 Feb 2025
Next filing
04 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Van Abel Brian J EVP, Chief Financial Officer 414 NICOLLET MALL, MINNEAPOLIS Kristin L. Westlund, Attorney in Fact for Brian J. Van Abel 26 Feb 2026 0001807894

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XEL Common Stock Award $0 +28,041 +35% $0.000000 108,611 24 Feb 2026 Direct F1, F2
transaction XEL Common Stock Options Exercise +8,202 +7.6% 116,813 24 Feb 2026 Direct F3
transaction XEL Common Stock Tax liability $1,270,673 -15,245 -13% $83.35 101,568 24 Feb 2026 Direct F4
holding XEL Common Stock 16 24 Feb 2026 401(k) F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -8,202 -100% $0.000000 0 25 Feb 2025 Common Stock 8,202 Direct F3, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of performance share unit awards for the 2023-2025 performance period.
F2 The amount includes 2,116.585 shares of stock acquired pursuant to the reinvestment of dividends since the reporting person's last report.
F3 Restricted stock units are settled in common stock on a one-for-one basis.
F4 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.
F5 Shares held in the Xcel Energy Stock Fund under the Xcel Energy 401(k) Savings Plan as of a plan statement dated February 20, 2026.
F6 Number of units shown reflects the reinvestment of 781.026 dividend equivalents since the original grant of 7,421 units on January 3, 2023.
F7 Award vested on December 31, 2025 but was settled in shares of common stock on February 24, 2026.