---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-251143"
form_type: "8-K"
ticker: "XEL"
cik: "0000072903"
company_name: "XCEL ENERGY INC"
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:39:48.029139+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Xcel Energy enters forward sale agreements for 18.3M shares at $64.44 per share

## Summary
- Entered forward sale agreements with Barclays and Bank of America for 18,320,610 shares of common stock (initial forward price $64.4356/share).
- Underwriters have 30-day option to purchase up to an additional 2,748,091 shares on same terms.
- Settlement at Xcel's discretion on or before June 30, 2026; can elect physical, net share, or cash settlement.
- Shares borrowed from third parties and sold to underwriters on Nov 5, 2024; offering registered on Form S-3.
- Physical settlement would result in dilution to earnings per share.

## SEC filing metadata
- accession: 0001193125-24-251143
- form_type: 8-K
- ticker: XEL
- cik: 0000072903
- company_name: XCEL ENERGY INC
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72903/000119312524251143/0001193125-24-251143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72903/000119312524251143/d855581d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-251143
- JSON: https://secwatch.observer/filing/0001193125-24-251143.json
- Plain text: https://secwatch.observer/filing/0001193125-24-251143.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.