Savoy Brian D 4

What happened

• Brian D. Savoy, EVP & Chief Financial Officer of Duke Energy (DUK), was granted 7,679 restricted stock units (RSUs) on Feb 25, 2026 (reported as an acquisition at $0.00). On Feb 26, 2026 he disposed of 1,027 shares at $129.23 per share to satisfy tax withholding obligations, generating proceeds of $132,719. The grant is an award (not a cash purchase); the disposition was a tax-related withholding/sale.

Key details

• Transaction dates and prices:
  • 2026-02-25: RSU grant — 7,679 RSUs @ $0.00 (award).
  • 2026-02-26: Tax withholding/disposition — 1,027 shares @ $129.23 = $132,719.
• Shares owned after the transactions: not disclosed in the Form 4 filing.
• Footnotes:
  • F1: The new RSUs are granted under Duke Energy’s 2023 Long‑Term Incentive Plan and settle one-for-one into common stock upon vesting; 1/3 of this award vests each year over three years beginning Feb 25, 2027.
  • F2: The filing notes that 2,362 RSUs were withheld to pay taxes related to a prior RSU award (granted Feb 26, 2025); the reported Feb 26 disposition shows 1,027 shares sold to cover taxes in this filing.
• Filing timeliness: Form was filed Feb 27, 2026 for transactions on Feb 25–26, 2026; no late‑filing flag is indicated.

Context

• These RSUs are time‑based awards (not option exercises) and convert to common shares upon vesting. The Feb 26 disposition is a routine tax‑withholding transaction (code F) rather than a deliberate open‑market sale for investment purposes. For retail investors, grants signal compensation alignment but are not direct purchases of stock; tax withholdings are common and typically routine.