Weintraub Alexander J. 4

What Happened

• Alexander J. Weintraub, EVP & Chief Customer Officer of Duke Energy (DUK), had shares withheld to cover tax obligations when restricted stock units (RSUs) vested. Two withholding transactions on Feb 22, 2026: 118 shares withheld at $126.78 ($14,960) and 129 shares withheld at $126.78 ($16,355), totaling 247 shares and about $31,315.
• This was a tax-withholding (cashless) disposition of shares tied to RSU vesting, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-22; per-share price reported: $126.78.
• Shares withheld: 118 (value $14,960) and 129 (value $16,355); combined 247 shares (~$31,315).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes:
  • F1: 118 shares withheld to pay taxes on vesting of 412 RSUs from a Feb 22, 2023 award (convert 1-for-1 to common stock).
  • F2: 129 shares withheld to pay taxes on vesting of 451 RSUs from a Feb 22, 2024 award (convert 1-for-1).
  • F3 notes interests in an issuer stock fund referenced elsewhere in the filing.
• Filing date: reported period 2026-02-22, SEC filing on 2026-02-24 — appears timely (no late filing flag noted).

Context

• Withholding shares to cover taxes on vested RSUs is a routine, non-market-sale transaction (often called a cashless or net settlement). It reduces the insider’s share count but does not reflect an open-market sale decision.
• RSUs convert into common stock on a one-for-one basis per the footnotes; the withholding simply satisfies tax withholding obligations at vesting.