Ghartey-Tagoe Kodwo 4
Research Summary
AI-generated summary
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.