Pacilio Michael J. 4
Research Summary
AI-generated summary
Duke Energy Director Michael J. Pacilio Receives 1,602-Share Award
What Happened
- Michael J. Pacilio, a director of Duke Energy (DUK), was granted 1,602 derivative shares (award) on 2026-05-07 at a reported per-share value of $124.87, for a total grant value of $200,042. This filing reports an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-07; Filing date: 2026-05-11 (filed on the Form 4 due date).
- Grant amount and value: 1,602 derivative shares × $124.87 = $200,042 (reported as a derivative security).
- Shares owned after transaction: not specified in the filing.
- Footnotes from the filing:
- F1: Award converts to common stock on a 1-for-1 basis.
- F2: Generally payable upon the reporting person's termination of service (suggests a deferred/contingent payout).
- F3: Expiration date not applicable.
Context
- This was a compensation grant (award) that will convert to common stock rather than an outright purchase or sale; such grants are common for directors and reflect compensation, not necessarily a market-view trade. The filing was submitted timely according to Form 4 reporting rules.