Dana A. Armstrong - 18 Feb 2026 Form 4 Insider Report for Excelerate Energy, Inc. (EE)

Role: Executive Vice President and Chief Financial Officer
Signature: /s/ Alisa Newman Hood, Attorney-in-Fact
Issuer symbol: EE
Transactions as of: 18 Feb 2026
Net transactions value: -$265,470
Form type: 4
Filing time: 20 Feb 2026, 18:55:12 UTC
Previous filing: 05 Jan 2026
Next filing: 09 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Armstrong Dana A	Executive Vice President and Chief Financial Officer	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS	/s/ Alisa Newman Hood, Attorney-in-Fact	20 Feb 2026	0001907154

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EE	Class A Common Stock	Award	$0	+17,198	+31%	$0.000000	72,569	18 Feb 2026	Direct	F1
transaction	EE	Class A Common Stock	Tax liability	$265,470	-6,354	-8.8%	$41.78	66,215	18 Feb 2026	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents performance stock units ("PSUs") granted on March 31, 2023 pursuant to the Excelerate Energy, Inc. Long-Term Incentive Plan, each of which represented a contingent right to receive one share of Class A common stock of the Issuer. The PSUs vested at 132% of the target amount of the Issuer's adjusted return on equity and 96.80% of the target amount of the Issuer's relative total shareholder return within a group of peer companies, both as measured from January 1, 2023 through December 31, 2025. The Issuer's compensation committee certified the achievement of the performance goal on February 18, 2026.
F2	Reflects PSUs reported as acquired under footnote (1) above that were withheld to satisfy the Reporting Person's tax withholding liability.

Content

Represents performance stock units ("PSUs") granted on March 31, 2023 pursuant to the Excelerate Energy, Inc. Long-Term Incentive Plan, each of which represented a contingent right to receive one share of Class A common stock of the Issuer. The PSUs vested at 132% of the target amount of the Issuer's adjusted return on equity and 96.80% of the target amount of the Issuer's relative total shareholder return within a group of peer companies, both as measured from January 1, 2023 through December 31, 2025. The Issuer's compensation committee certified the achievement of the performance goal on February 18, 2026.

Reflects PSUs reported as acquired under footnote (1) above that were withheld to satisfy the Reporting Person's tax withholding liability.

Remarks:

Executive Vice President and Chief Financial Officer