Renjel Louis E. 4
4 · Duke Energy CORP · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Duke Energy (DUK) EVP Renjel Louis Receives RSU Award
What Happened
Renjel Louis E., an Executive Vice President and CEO DEF & MW and Chief Corporate Affairs Officer at Duke Energy (DUK), was granted 6,108 restricted stock units (RSUs) on 2026-02-25 (award recorded at $0). On 2026-02-26, 910 shares and 44 shares were surrendered/withheld to satisfy tax withholding obligations at $129.23 per share (proceeds shown as dispositions): $117,599 and $5,686 respectively, totaling $123,285. Using the $129.23 share price shown in the filing, the newly granted 6,108 RSUs imply an approximate market value of $789,337, though those RSUs are not yet vested.
Key Details
- Transactions:
- 2026-02-25: Award/Grant (code A) — 6,108 RSUs @ $0.00 (acquired)
- 2026-02-26: Tax withholding (code F) — 910 shares @ $129.23 = $117,599 (disposed)
- 2026-02-26: Tax withholding (code F) — 44 shares @ $129.23 = $5,686 (disposed)
- Total shares withheld/disposed for taxes: 954 shares, proceeds $123,285.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Relevant footnotes:
- F1: These RSUs were granted under the 2023 LTIP and settle one-for-one upon vesting; 1/3 vest annually beginning 2/25/2027.
- F2/F3: Describe shares withheld to cover taxes for earlier RSU awards (Feb 26, 2025 and Apr 30, 2025 grants).
- F4: relates to interests in an issuer stock fund.
- Filing timeliness: Report covers 2026-02-25 and was filed 2026-02-27 — appears timely (no late filing indicated).
- Transaction codes: A = award/grant; F = tax withholding (not an open-market sale).
Context
RSU grants are compensation that convert to shares only when they vest; the 6,108 RSUs granted here do not vest until future vesting dates (per F1) and therefore are not an immediate purchase signal. The 954-share disposals were tax withholdings to satisfy tax obligations on vested RSUs (per footnotes) rather than voluntary market sales, so they generally reflect routine tax withholding rather than a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-25+6,108→ 25,869 total - Tax Payment
Common Stock
[F2]2026-02-26$129.23/sh−910$117,599→ 24,959 total - Tax Payment
Common Stock
[F3]2026-02-26$129.23/sh−44$5,686→ 24,915 total
- 834(indirect: By 401(k))
Common Stock
[F4]
Footnotes (4)
- [F1]The reporting owner received restricted stock units ("RSUs") granted under the Duke Energy Corporation 2023 Long-Term Incentive Plan, which RSU's are settled in common stock on a one-for-one basis upon vesting. 1/3rd of the RSUs vest each year over a 3-year period beginning on February 25, 2027.
- [F2]Represents the number of shares withheld to pay taxes due upon vesting of 1,816 restricted stock units ("RSUs") related to an RSU award granted February 26, 2025, under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
- [F3]Represents the number of shares withheld to pay taxes due upon vesting of 87 restricted stock units ("RSUs") related to an RSU award granted April 30, 2025, under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
- [F4]Represents interests in an issuer stock fund.