Glenn Robert Alexander 4
4 · Duke Energy CORP · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Duke Energy EVP Glenn Alexander Receives RSU Award; Tax Withholding
What Happened
Glenn Robert Alexander, EVP & Chief Legal Officer of Duke Energy (DUK), was granted 4,991 restricted stock units (RSUs) on Feb 25, 2026 (transaction code A). On Feb 26, 2026, 735 shares were disposed (transaction code F) to cover tax liabilities: 701 shares at $129.23 for $90,590 and 34 shares at $129.23 for $4,394, totaling approximately $94,984. The RSU grant itself is an award (no cash paid) and the share disposals reflect tax withholding — routine administrative actions rather than open-market sales.
Key Details
- Transaction dates: RSU grant on 2026-02-25; tax-withholding dispositions on 2026-02-26. Filing date: 2026-02-27 (appears timely).
- Grant: 4,991 RSUs granted at $0.00 (settle 1-for-1 into common stock upon vesting).
- Dispositions to cover taxes: 701 shares disposed for $90,590; 34 shares disposed for $4,394 (price $129.23 per share). Total proceeds ≈ $94,984.
- Shares withheld (total): 735 shares. These were recorded as tax-withholding (code F), not open-market sales by the insider.
- Footnotes:
- F1: The new RSUs granted vest 1/3 each year over three years beginning Feb 25, 2027.
- F2/F3: The withheld shares relate to taxes on prior RSU vesting (RSU awards granted Feb 26, 2025 and Apr 30, 2025). These prior awards convert to common stock on a one-for-one basis.
- Shares owned after the transactions: not specified in the provided filing excerpt.
Context
RSU grants are compensation that convert to shares as they vest; this grant vests starting in 2027, so the award is not an immediate share purchase. The February 26 disposals were tax-withholding actions (common when RSUs vest) and should be viewed as routine administrative transactions rather than insider-driven market bets.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-25+4,991→ 23,650 total - Tax Payment
Common Stock
[F2]2026-02-26$129.23/sh−701$90,590→ 22,949 total - Tax Payment
Common Stock
[F3]2026-02-26$129.23/sh−34$4,394→ 22,915 total
- 5,544(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 1,612 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 77 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.