Gillespie Thomas Preston Jr. 4

What Happened

• Thomas Preston Gillespie Jr., an executive vice president at Duke Energy (role per filing: EVP-Chf Gen Off-Entrp Op Excel), had a total of 1,742 shares disposed (739 + 1,003) on Feb 22, 2026. Each share was valued at $126.78, generating proceeds used to satisfy tax withholding obligations of $93,690 and $127,160 respectively (combined ≈ $220,850). These disposals were for tax withholding upon the vesting of restricted stock units (RSUs).

Key Details

• Transaction date: 2026-02-22; filing date: 2026-02-24 (Form 4 accession 0001959420-26-000004).
• Price: $126.78 per share; shares withheld/disposed: 739 and 1,003 (total 1,742).
• Footnotes: F1 = withholding on 1,700 RSUs granted Feb 22, 2023; F2 = withholding on 2,307 RSUs granted Mar 11, 2024. RSUs convert one-for-one to common stock. F3 notes interests in an issuer stock fund.
• Shares owned after the transaction: not specified in the supplied excerpt of the filing.
• Transaction code: F (tax withholding). Filing does not indicate a late report.

Context

• These were tax-withholding disposals tied to RSU vesting (routine administrative transactions), not open-market sales for investment decisions. Combined, 4,007 RSUs vested (1,700 + 2,307); 1,742 shares were withheld for taxes, so the executive received the net remaining shares from the vesting. Such withholding is common and generally not interpreted as a directional insider signal.