Renjel Louis E. 4

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.