Batson Scott L. 4

What Happened
Scott L. Batson, EVP & Chief Power Grid Operations Officer at Duke Energy (DUK), was granted 4,235 restricted stock units (RSUs) on 2026-02-25 (reported on Form 4). On 2026-02-26 the filing reports two share dispositions to cover tax obligations: 500 shares disposed at $129.23 each ($64,615) and 245 shares disposed at $129.23 each ($31,661), totaling $96,276. The RSUs are awards (code A) that convert one-for-one into common stock upon vesting; the withholding transactions are reported under code F (tax withholding), not open-market sales.

Key Details

• Transaction dates: RSU grant on 2026-02-25; tax-withholding dispositions on 2026-02-26.
• Prices and values: Withheld/disposed shares sold at $129.23 each; 500 shares = $64,615 and 245 shares = $31,661 (total $96,276).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — the 4,235 RSUs vest 1/3 each year over three years beginning Feb 25, 2027. F2/F3 — the filing notes withholding related to RSUs granted Feb 26, 2025 (1,203 RSUs and 859 RSUs, respectively); the reported withholding line items are the two dispositions above.
• Timeliness: Form filed 2026-02-27 for transactions on 2026-02-25/26 — appears to be filed within the normal two-business-day window (timely).
• Transaction types explained: A = award/grant of RSUs; F = shares withheld/sold to satisfy tax liabilities upon RSU vesting (routine payroll tax withholding).

Context
This was primarily a compensation award (time‑based RSUs) rather than an open‑market purchase or a deliberate sale for investment purposes. The reported disposals were used to satisfy tax withholding obligations when RSUs vested (cashless withholding), which is a routine administrative step and not necessarily a signal of insider sentiment.