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Insider Trading Arrangements | 9 Months Ended
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Sep. 30, 2023 shares
Trading Arrangements, by Individual |
Rule 10b5-1 Arrangement Adopted | false
Non-Rule 10b5-1 Arrangement Adopted | false
Rule 10b5-1 Arrangement Terminated | false
Non-Rule 10b5-1 Arrangement Terminated | false
Robert C. Frenzel [Member] |
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | On October 25, 2023, the Governance, Compensation and Nominating Committee of the Board of Directors approved and granted a $9,000,000 restricted stock unit award for Robert C. Frenzel, Chairman, President and Chief Executive Officer, to incentivize his consistent leadership and continuity through Xcel Energy’s clean energy transition. The award was made under the Xcel Energy Inc. Amended and Restated 2015 Omnibus Incentive Plan pursuant to the form of award agreement in Exhibit 10.26 to Xcel Energy’s Form 10-K for the year ended December 31, 2022, which is incorporated herein by reference. The award consisted of 152,336 restricted stock units that will vest 33% on February 28, 2027 and 67% on February 29, 2028 if Mr. Frenzel continues to be employed by Xcel Energy as of such dates.
Name | Robert C. Frenzel
Title | Chairman, President and Chief Executive Officer
Adoption Date | October 25, 2023
Aggregate Available | 152,336

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