CRAVER THEODORE F JR 4
Research Summary
AI-generated summary
Duke Energy Director Theodore F. Craver Jr Gifts 2,402 Shares
What Happened
- Theodore F. Craver Jr., a director and chair of Duke Energy (DUK), transferred (gifted) 2,402 shares on May 18, 2026. The reported price is $0.00, so there were no proceeds from the transaction. Footnote F1 states the transfer moved shares from directly held ownership into a joint trust; footnote F2 notes 19,192 shares are held in that joint trust.
Key Details
- Transaction type: G (Gift/transfer)
- Transaction date: 2026-05-18; Form 4 filed 2026-05-20 (appears timely)
- Shares transferred: 2,402; reported price per share: $0.00; total proceeds: $0
- Ownership note: filing indicates 19,192 shares are held in the joint trust (per footnote)
- Footnotes: F1 = transfer from directly held to joint trust; F2 = includes 19,192 shares held in joint trust
- Not a sale, purchase, option exercise, or 10b5-1 trade
Context
- Gifts/transfers to trusts are typically administrative or estate-planning moves and do not necessarily signal the insider’s view of the company’s prospects. For investors, purchases are generally more informative about insider sentiment; this filing documents an internal reallocation of shares rather than a market transaction.