Form 4 Filing for David A. Liner

This filing details a transaction by David A. Liner, Executive Vice President and Chief Operating Officer of Excelerate Energy, Inc. On February 18, 2026, Mr. Liner elected to defer the receipt of 10,582 shares of Class A common stock that vested under the company's Long-Term Incentive Plan. These Performance Stock Units (PSUs) vested at 132% of the target for adjusted return on equity and 96.80% of the target for relative total shareholder return for the period of January 1, 2023, through December 31, 2025. The PSUs, which represent a contingent right to one share of Class A common stock or its cash equivalent, will become payable upon Mr. Liner's separation from service, either in a lump sum or in five annual installments. Following this transaction, Mr. Liner holds 46,086 shares.