Burks Derrick 4

What Happened
Derrick Burks, a director of Duke Energy (DUK), was granted a derivative award on 2026-05-07 equal to 1,602 shares at a reported per-share value of $124.87, for a total reported value of $200,042. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (filed within the standard 2-business-day window).
• Security: derivative award convertible to common stock (1-for-1 conversion per footnote).
• Amount: 1,602 units; per-unit value: $124.87; total value: $200,042.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F1 = converts to common stock on a 1-for-1 basis; F2 = generally payable upon reporting person's termination of service; F3 = expiration date not applicable.

Context
This transaction is a compensation-related award of derivative securities (likely deferred stock units or similar) that convert to common shares rather than an open-market buy or sale. Such grants are commonly part of director compensation and are not a direct market purchase signal. The award is generally payable upon termination of service per the filing footnote.