Timothy John O'Connor - 28 Aug 2024 Form 4 Insider Report for XCEL ENERGY INC

Reporting relationship: EVP, Chief Operations Officer
Issuer ticker: XEL, XELLL on Nasdaq
Reported as of: 28 Aug 2024
Net transaction value: -$1,517,212
SEC form: 4
Accepted by SEC: 30 Aug 2024, 17:15:32 UTC
Prior SEC filing: 22 May 2024
Next SEC filing: 06 Jan 2025
Source filing: View source filing
Reporting owner signature: Kristin L. Westlund, Attorney in Fact for Timothy John O'Connor

Key filing fact

Timothy John O'Connor filed Form 4 for XCEL ENERGY INC on 30 Aug 2024.

Key facts

This page summarizes Timothy John O'Connor's Form 4 filing for XCEL ENERGY INC.
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 30 Aug 2024, 17:15.

Change

Previous filing in this sequence was filed on 22 May 2024.
Current net transaction value: -$1,517,212.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

XEL transaction Derivative

Phantom Stock

Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities

Transaction value: $1,517,212
Shares: -25,003
Change %: -38%
Price: $60.68
Shares after: 40,608
Date: 28 Aug 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 25,003
Exercise price: $0.000000
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each share of phantom stock represents the right to receive the cash value of one share of common stock.

Footnote F2

Shares of phantom stock become payable in accordance with the reporting person's distribution elections made pursuant to the Xcel Energy Deferred Compensation Plan (the "Plan"). Subject to certain timing restrictions and other limitations based on the source of the amount deferred, the reporting person may generally transfer some or all of the balance in the Plan's Company stock account into an alternative Plan investment account.

Footnote F3

The number of shares of phantom stock reflects both additional shares credited upon the deemed reinvestment of dividend equivalents as reported in the most recent report from the Plan administrator, as well as minor adjustments to the number of phantom shares credited to the reporting person's Company stock account due to the unitized nature of the Plan's Company stock fund.