Xcel Energy (XEL)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-28 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: XCEL ENERGY INC (XEL) CIK: 0000072903 --- Reporting Owner --- Name: Carter Peter W CIK: 0001647706 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-09-28 | Code: A (Grant or award) Shares: +403.638 | Price: $0.00 Shares Owned After: 2,222.378 | Ownership: D (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 403.638 stock equivalent units, 336.365 were granted at a price of $69.80 per unit in lieu of the reporting person's quarterly cash retainer, and 67.273 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer. --- Footnotes (Complete Index) --- 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 403.638 stock equivalent units, 336.365 were granted at a price of $69.80 per unit in lieu of the reporting person's quarterly cash retainer, and 67.273 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer. --- Signature --- /s/ Kristin L. Westlund, Attorney in Fact for Peter W. Carter (2026-09-30)