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

Reporting relationship: EVP, Chief Financial Officer
Issuer ticker: XEL
Reported as of: 24 Feb 2026
Net transaction value: -$1,270,673
SEC form: 4
Accepted by SEC: 26 Feb 2026, 18:19:51 UTC
Prior SEC filing: 27 Feb 2025
Next SEC filing: 04 Mar 2026
Source filing: View source filing
Reporting owner signature: Kristin L. Westlund, Attorney in Fact for Brian J. Van Abel

Key filing fact

Brian J. van Abel filed Form 4 for XCEL ENERGY INC (XEL) on 26 Feb 2026.

Key facts

This page summarizes Brian J. van Abel's Form 4 filing for XCEL ENERGY INC (XEL).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 26 Feb 2026, 18:19.

Change

Previous filing in this sequence was filed on 27 Feb 2025.
Current net transaction value: -$1,270,673.

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

Reporting Owners (1)

CIK 0001807894 Primary reporting owner

Van Abel Brian J

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

XEL transaction

Common Stock

Award

Transaction value: $0
Shares: +28,041
Change %: +35%
Price: $0.000000
Shares after: 108,611
Date: 24 Feb 2026
Ownership: Direct
Footnotes: F1, F2

XEL transaction

Common Stock

Options Exercise

Transaction value
Shares: +8,202
Change %: +7.6%
Price
Shares after: 116,813
Date: 24 Feb 2026
Ownership: Direct
Footnotes: F3

XEL transaction

Common Stock

Tax liability

Transaction value: $1,270,673
Shares: -15,245
Change %: -13%
Price: $83.35
Shares after: 101,568
Date: 24 Feb 2026
Ownership: Direct
Footnotes: F4

XEL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 16
Date: 24 Feb 2026
Ownership: 401(k)
Footnotes: F5

Reported derivative securities

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

XEL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -8,202
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 25 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,202
Exercise price
Footnotes: F3, F6, F7

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Represents the settlement of performance share unit awards for the 2023-2025 performance period.

Footnote F2

The amount includes 2,116.585 shares of stock acquired pursuant to the reinvestment of dividends since the reporting person's last report.

Footnote F3

Restricted stock units are settled in common stock on a one-for-one basis.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F7

Award vested on December 31, 2025 but was settled in shares of common stock on February 24, 2026.