Glenn Robert Alexander 4
Research Summary
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Duke Energy EVP Glenn Alexander Withholds Shares for Taxes
What Happened Glenn Robert Alexander, EVP & Chief Legal Officer of Duke Energy (DUK), had shares withheld to satisfy tax withholding upon vesting of restricted stock units (RSUs). On 2026-02-22 the filing shows 604 shares and 797 shares were withheld at $126.78 per share (total value ≈ $76,575 and $101,044 respectively), totaling 1,401 shares and about $177,619.
Key Details
- Transaction date: 2026-02-22; Filing date: 2026-02-24 (timely Form 4).
- Price: $126.78 per share for both entries.
- Shares withheld/disposed: 604 shares (F1) and 797 shares (F2); total 1,401 shares.
- Reported proceeds: $76,575 and $101,044 (approx.), total ≈ $177,619.
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1: Withholding to pay taxes on 1,389 RSUs granted Feb 22, 2023 (one-for-one conversion).
- F2: Withholding to pay taxes on 1,833 RSUs granted Mar 11, 2024 (one-for-one conversion).
- F3 (present in filing): Represents interests in an issuer stock fund.
- Transaction code: F (tax withholding on vested RSUs) — not an open-market sale or purchase.
Context This was a tax-withholding/net-share settlement event tied to RSU vesting, a routine administrative disposition that does not necessarily indicate the insider is buying or selling shares for investment reasons. It’s different from an affirmative sale or purchase; the company retained shares to cover tax obligations upon vesting.