Ghartey-Tagoe Kodwo 4

What Happened

• Ghartey-Tagoe Kodwo, EVP & CEO of Duke Energy Carolinas & the Natural Gas Business, was granted 8,712 restricted stock units (RSUs) on Feb 25, 2026 under Duke Energy’s 2023 Long‑Term Incentive Plan (award code A). RSUs have no exercise price and settle one-for-one into common stock upon vesting.
• On Feb 26, 2026 the filing shows two disposals (code F) of 1,066 shares and 53 shares at $129.23 per share to satisfy tax withholding obligations tied to previously granted RSUs, producing proceeds of $137,759 and $6,849 respectively (total ≈ $144,608).

Key Details

• Transaction dates/prices: Feb 25, 2026 — 8,712 RSUs granted @ $0; Feb 26, 2026 — 1,066 shares withheld @ $129.23 ($137,759) and 53 shares withheld @ $129.23 ($6,849).
• Shares withheld/sold total: 1,119 shares; gross proceeds ≈ $144,608.
• Vesting/footnotes: F1 — the new 8,712 RSUs vest 1/3 per year over 3 years starting Feb 25, 2027. F2/F3 — the withheld shares pay taxes on RSUs granted Feb 26, 2025 (2,452 RSUs) and Apr 30, 2025 (122 RSUs).
• Transaction codes: A = award/grant; F = shares withheld/sold to cover tax liability.
• Shares owned after the transactions are not specified in the provided excerpt.
• Filing: Report filed Feb 27, 2026 for transactions on Feb 25–26, 2026 — appears timely (Form 4 is generally due within two business days).

Context

• This filing documents a routine equity award (future-vesting RSUs) plus tax-withholding disposals for earlier RSU vestings. Withholding/sales to meet tax obligations are common and do not necessarily signal buying or selling intent in the open market.
• Because these are RSUs (not option exercises or open-market purchases), the new grant represents future compensation rather than an immediate purchased stake.