Sideris Harry K. 4

What Happened

• Harry K. Sideris, President & CEO of Duke Energy (DUK), received an award of 30,540 restricted stock units (RSUs) on 2026-02-26 (code A). On the same date 3,642 shares were withheld (code F) to cover taxes at an average price of $129.23, a withholding value of $470,656.
• The RSU grant shows an acquisition at $0 because RSUs convert to common stock upon vesting rather than being purchased. The 3,642-share disposition is a tax-withholding event, not an open-market sale.

Key Details

• Transaction dates: 2026-02-26 (reported on Form 4 filed 2026-02-27).
• Grant: 30,540 RSUs (settle 1-for-1 into common stock upon vesting).
• Tax withholding: 3,642 shares withheld at $129.23 each, total ~$470,656 (code F).
• Shares owned after transaction: Not provided in the excerpt supplied.
• Footnotes: F1 — RSUs granted under the 2023 Long‑Term Incentive Plan; vesting is 1/3 each year over 3 years beginning Feb 26, 2027. F2 — the withheld shares relate to taxes on 8,382 RSUs from a Feb 26, 2025 award. F3 — references interests in an issuer stock fund.
• Timeliness: Filing appears timely (transaction 2026-02-26, Form 4 filed 2026-02-27).

Context

• These RSUs are compensation awards that convert into common shares as they vest; they do not indicate an immediate purchase or sale decision by the CEO. The 3,642-share disposition is a routine tax-withholding action, not a market sale that would signal directional insider sentiment.
• For investors, award grants show executive compensation and potential future dilution as RSUs vest; purchases by insiders are generally more informative about personal conviction than routine grant or withholding transactions.