Michael G. Lamb - 24 Feb 2026 Form 4 Insider Report for XCEL ENERGY INC (XEL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Feb 2026, 18:21:50 UTC
Prior SEC filing
16 Dec 2025
Next SEC filing
04 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Kristin L. Westlund, Attorney in Fact for Michael G. Lamb

Key filing fact

Michael G. Lamb filed Form 4 for XCEL ENERGY INC (XEL) on 26 Feb 2026.

Key facts

  • This page summarizes Michael G. Lamb'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, 18:21.

Change

  • Previous filing in this sequence was filed on 16 Dec 2025.
  • Current net transaction value: -$164,848.

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 0002062439 Primary reporting owner

Lamb Michael G.

Relationship
EVP, Chief Delivery Officer
Address
414 NICOLLET MALL, MINNEAPOLIS
Signature
Kristin L. Westlund, Attorney in Fact for Michael G. Lamb
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
+3,615
Change %
+48%
Price
$0.000000
Shares after
11,089
Date
24 Feb 2026
Ownership
Direct
Footnotes
F1
XEL transaction

Common Stock

Options Exercise

Transaction value
Shares
+2,888
Change %
+26%
Price
Shares after
13,977
Date
24 Feb 2026
Ownership
Direct
Footnotes
F2
XEL transaction

Common Stock

Tax liability

Transaction value
$164,848
Shares
-1,978
Change %
-14%
Price
$83.35
Shares after
11,999
Date
24 Feb 2026
Ownership
Direct
Footnotes
F3
XEL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,024
Date
24 Feb 2026
Ownership
401(k)
Footnotes
F4
XEL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
23,808
Date
24 Feb 2026
Ownership
By Michael G. Lamb Family Trust

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
-2,888
Change %
-100%
Price
$0.000000
Shares after
0
Date
24 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,888
Exercise price
Footnotes
F2, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

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

Footnote F2

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

Footnote 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.

Footnote F4

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 F5

Number of units shown reflects 245.776 additional units as a result of the reinvestment of dividend equivalents since the original grant.

Footnote F6

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

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