XCEL ENERGY INC — Director's Dealing 2025

Sep 30, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2025-09-28

Reporting Person: Casey Lynn (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-09-28	Common Stock	A	510.848	—	Acquired	38944.176	Direct

Footnotes

F1: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of the reporting person's service as director and fractional units are payable at such time in cash.

F2: Of the 510.848 stock equivalent units, 425.706 were granted at a price of $79.28 per unit in lieu of the reporting person's quarterly cash retainer, and 85.142 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

F3: Includes 302.998 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

F4: Includes 1.143 shares of stock acquired since the person's last report pursuant to the reinvestment of dividend equivalents.