Batson Scott L. 4

What Happened

• Scott L. Batson, EVP and Chief Power Grid Operations Officer at Duke Energy (DUK), had 38 shares withheld on April 1, 2026 to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withheld shares were valued at $130.90 each, totaling about $4,974. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-04-01; 38 shares at $130.90 per share (total ≈ $4,974).
• Nature of transaction: Tax withholding to satisfy taxes on RSU vesting (code F), not a discretionary sale or purchase.
• RSUs vested: 87 RSUs vested from an award granted March 11, 2024; RSUs convert one-for-one into common stock.
• Net shares delivered: 87 vested → 38 withheld for taxes → 49 shares issued to Batson (implied by footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form filed 2026-04-02 for a 2026-04-01 transaction — appears timely (Form 4 is typically due within two business days).

Context

• This is a routine tax-withholding transaction tied to RSU vesting and does not by itself signal a change in insider sentiment. For derivative or exercise transactions, note whether shares were immediately sold; here the shares were withheld to cover tax liability rather than sold on the open market.