Savoy Brian D 4
4 · Duke Energy CORP · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Duke Energy (DUK) EVP & CFO Brian D. Savoy Sells Shares
What Happened
- Brian D. Savoy, EVP & CFO of Duke Energy (DUK), disposed of 14,094 shares between Feb 22–23, 2026.
- 2,094 shares were withheld to satisfy tax withholding on vested RSUs (values: 944 @ $126.78 = $119,680; 1,150 @ $126.78 = $145,797).
- 12,000 shares were sold in the open market across multiple trades (weighted prices: 8,728 @ $127.49 = $1,112,762; 3,272 @ $128.23 = $419,557).
- Total proceeds/consideration across these disposals ≈ $1,797,796. These were sales and tax-withholdings (not purchases).
Key Details
- Transaction dates: Feb 22, 2026 (tax-withholding on RSU vesting) and Feb 23, 2026 (open-market sales).
- Prices/ranges: withheld shares recorded at $126.78 each; open-market sales weighted averages reflect ranges of $126.88–$127.85 (one block) and $127.96–$128.62 (other block) per footnotes. Full per-price breakdown available on request per the filing.
- Shares owned after the transactions: Not reported in the information provided in this summary (not stated in the supplied filing excerpts).
- Footnotes: F1/F2 = shares withheld to cover taxes on RSU vestings (RSUs granted Feb 22, 2023 and Feb 22, 2024; convert 1-for-1 to common stock). F3/F4 = weighted-average sale-price notes and price ranges.
- Timeliness: Form 4 filed on Feb 24, 2026; transactions on Feb 22–23, 2026 were reported within the required two-business-day window (filing appears timely).
Context
- These disposals combine routine RSU tax-withholding (F code) and open-market sales (S code). RSU tax-withholdings are common when awards vest; the filing shows no option exercise or 10b5-1 trading plan referenced.
- For retail investors: sales by executives are common and do not by themselves indicate a change in company fundamentals. Purchases signal more actionable bullish insider conviction; this filing documents routine tax-related withholding plus partial liquidation via open-market sales.
Insider Transaction Report
Form 4
Savoy Brian D
EVP & CFO
Transactions
- Tax Payment
Common Stock
[F1]2026-02-22$126.78/sh−944$119,680→ 68,262 total - Tax Payment
Common Stock
[F2]2026-02-22$126.78/sh−1,150$145,797→ 67,112 total - Sale
Common Stock
[F3]2026-02-23$127.49/sh−8,728$1,112,762→ 58,384 total - Sale
Common Stock
[F4]2026-02-23$128.23/sh−3,272$419,557→ 55,112 total
Footnotes (4)
- [F1]Represents the number of shares withheld to pay taxes due upon vesting of 2,171 restricted stock units ("RSUs") related to an RSU award granted February 22, 2023, under the Duke Energy Corporation 2015 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
- [F2]Represents the number of shares withheld to pay taxes due upon vesting of 2,646 restricted stock units ("RSUs") related to an RSU award granted February 22, 2024, under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
- [F3]Reflects the weighted average sale price for the entire amount of shares sold. These shares were sold in multiple transactions at prices ranging from $126.88 to $127.85, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges
- [F4]Reflects the weighted average sale price for the entire amount of shares sold. These shares were sold in multiple transactions at prices ranging from $127.96 to $128.62, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges
Signature
/s/ David S. Maltz, attorney-in-fact for Brian D. Savoy|2026-02-24