Duke Energy CORP·4

Feb 24, 4:27 PM ET

Ghartey-Tagoe Kodwo 4

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Duke Energy EVP Ghartey-Tagoe Withholds Shares for Taxes

What Happened Ghartey‑Tagoe Kodwo, EVP & CEO of Duke Energy’s DE Carolinas & Natural Gas business, had a total of 2,262 shares withheld on Feb 22, 2026 to satisfy tax withholding upon vesting of restricted stock units (RSUs). The withholdings were recorded as two dispositions: 1,014 shares at $126.78 (proceeds $128,555) and 1,248 shares at $126.78 (proceeds $158,221), roughly $286,776 combined. These were tax‑withholding dispositions tied to RSU awards (one‑for‑one conversion to common stock).

Key Details

  • Transaction date: 2026-02-22; Filing date: 2026-02-24 (timely).
  • Prices: $126.78 per share for both withholdings.
  • Share counts withheld: 1,014 and 1,248 (total 2,262).
  • Reported totals: $128,555 and $158,221 (combined ≈ $286,776).
  • Footnotes:
    • F1: Withheld to cover taxes on 2,334 RSUs (award dated Feb 22, 2023).
    • F2: Withheld to cover taxes on 2,872 RSUs (award dated Feb 22, 2024).
    • F3: Indicates interests in an issuer stock fund (general disclosure).
  • Shares owned after the transaction: Not specified in the provided filing excerpt.

Context This was a routine tax withholding on vested RSUs (code F) rather than an open‑market sale or purchase. RSUs converted one‑for‑one into common stock and a portion was retained to pay taxes—a common administrative step that does not necessarily indicate a buy or sell decision by the insider.