Burkhart Megan D

Burkhart Megan D, SEVP & Chief Admin Officer, has engaged in 38 reported transactions across two companies—Xcel Energy Inc. (XEL) and Comerica Incorporated (CMA)—with a clear net selling bias. Filings show $254,961 in total buy value compared to $907,017 in total sell value, reflecting a 3.6-to-1 ratio favoring dispositions. The most recent monetization occurred on January 15, 2026, when Burkhart sold CMA shares worth $279,929, following a December 29, 2025, sale of $127,879 in the same stock. Earlier in 2025, a February 20 transaction disposed of $138,509 in CMA holdings. While the filings indicate frequent acquisitions of XEL shares—with transactions recorded quarterly from March 2025 through March 2026—these were all non-monetary awards (Code A), suggesting equity compensation rather than open-market purchases. The activity skews heavily toward reducing exposure to CMA, with no recent open-market buys in either stock. Burkhart’s last monetized XEL transaction dates back to at least March 2025, as subsequent filings reflect only award activity. The pattern suggests a focus on liquidating CMA holdings while retaining XEL equity received through compensation. Notably, all CMA sales since late 2025 have been coded as discretionary (Code F), indicating voluntary transactions rather than scheduled trading plans. The absence of recent purchases in either security points to a consistent reduction in equity exposure over the observed period.