Armstrong Dana A 4

What Happened Dana A. Armstrong, Executive Vice President and Chief Financial Officer of Excelerate Energy (EE), had restricted stock units (RSUs) vest on March 5, 2026. A total of 16,710 RSUs vested (reported as an acquisition, code A). To satisfy tax withholding on the vesting event, 5,408 shares were withheld/disposed (code F) at $38.48 per share, producing proceeds of $208,100. The filing lists the RSU acquisition amount as $0 (non-cash vesting).

Key Details

• Transaction date: 2026-03-05; Form 4 filed 2026-03-09 (filed timely under Section 16).
• Withholding: 5,408 shares withheld at $38.48 = $208,100 (reported as a disposition for tax withholding).
• Vesting: 16,710 RSUs vested (reported as acquired; each RSU equals one share of Class A common stock).
• Footnotes: RSUs were granted March 5, 2024 and March 5, 2025 and vest ratably over the first three anniversaries; a portion vested March 5, 2026 and some shares were withheld to cover taxes.
• Shares owned after transaction: not specified in the provided filing excerpt — see the full Form 4 for total holdings.

Context RSU vesting with shares withheld for taxes is a common, routine administrative transaction and does not necessarily signal a buy/sell decision. The filing uses codes A (award/grant) for the vesting and F for tax-withholding. As context, at $38.48 per share the newly vested 16,710 RSUs would be roughly $643,000 in market value (estimate); the Form 4 reports the withholding proceeds as $208,100.