Glenn Robert Alexander 4

What Happened

• Glenn Robert Alexander, EVP & Chief Legal Officer of Duke Energy (DUK), received 13,286 performance shares that vested on Feb 5, 2026 (reported on a Form 4 filed Feb 9, 2026). The award is reported as an acquisition (code A) at $0.00 per share.
• Simultaneously, 4,593 shares were withheld/disposed to satisfy tax withholding obligations at an effective price of $123.41 per share, generating proceeds of approximately $566,822 (reported under code F).

Key Details

• Transaction date: 2026-02-05; Form 4 filed: 2026-02-09.
• Award: 13,286 performance shares acquired (A) at $0.00 per share.
• Tax withholding: 4,593 shares withheld/disposed (F) at $123.41 per share; total ~ $566,822.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — these were vested performance shares from a Feb 22, 2023 award with a three‑year performance period deemed satisfied on Feb 5, 2026; F2 — the 4,593 shares were withheld to pay taxes upon vesting; F3 — references interests in an issuer stock fund.
• No late filing was indicated in the information provided.

Context

• This was a vesting of performance-based equity, not an open-market purchase or a voluntary sale. Withholding shares to cover taxes is a routine, administrative step (often called a cashless settlement) and does not necessarily signal a buying or selling opinion by the insider.
• For retail investors, vested awards increase insider ownership but withholding to pay taxes reduces the net shares received; the filing documents the mechanics rather than an investment decision.