Kesner Idalene Fay 4
Research Summary
AI-generated summary
Duke Energy (DUK) Director Idalene Kesner Receives 257-Share Award
What Happened
Idalene Kesner (listed on the filing as Kesner Idalene Fay), a director of Duke Energy (DUK), received an award of 257 derivative shares on April 6, 2026. The award is reported at $131.41 per share, for a total reported value of $33,772. This was an award/acquisition (Form 4 code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-06; filing date: 2026-04-08 (filed within the normal two-business-day window).
- Reported price/value: $131.41 per share; total value $33,772.
- Shares acquired: 257 derivative shares (convert to common stock on a 1-for-1 basis — footnote F1).
- Footnotes: F1 = converts to common stock 1-for-1; F2 = generally payable upon reporting person's termination of service; F3 = expiration date not applicable.
- Shares owned after the transaction: not specified in this filing.
Context
This was a compensation award (derivative security) rather than a market purchase or sale. Per the footnotes, the units convert to common shares on a one-for-one basis and are generally payable upon termination of service, which is typical for restricted stock units or similar long-term awards. Such awards reflect company compensation practices and do not, by themselves, indicate the insider’s personal buying/selling decisions.