XCEL ENERGY INC — Director's Dealing 2025

Feb 27, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2025-02-25

Reporting Person: Van Abel Brian J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-25	Common Stock	A	20138	—	Acquired	83861.465	Direct
2025-02-25	Common Stock	M	5604.776	—	Acquired	89466.241	Direct
2025-02-25	Common Stock	F	11012.776	$70.78	Disposed	78453.465	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-25	Restricted Stock Units	$	M	5604.776	Disposed		Common Stock (5604.776)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15.741	Indirect

Footnotes

F1: Represents the settlement of performance share unit awards for the 2022-2024 performance period.

F2: The amount includes 434.81 shares of stock acquired pursuant to the reinvestment of dividends since the reporting person's last report.

F3: Restricted stock units are settled in common stock on a one-for-one basis.

F4: Represents the withholding of shares to satisfy tax obligations upon the settlement of the 2022-2024 performance share unit awards and restricted stock unit awards. Fractional share interests were settled in cash.

F5: Shares held in the Xcel Energy Stock Fund under the Xcel Energy 401(k) Savings Plan as of a plan statement dated February 21, 2025.

F6: Number of units shown reflects the reinvestment of 481.776 dividend equivalents since the original grant of 5,123 units on January 3, 2022.

F7: Award vested on December 31, 2024 but was settled in shares of common stock on February 25, 2025.