Weintraub Alexander J. 4

What Happened

• Alexander J. Weintraub, EVP and Chief Customer Officer of Duke Energy, made two acquisitions:
  • 3,265 phantom stock units (derivative) on 2026-05-19 at $124.56 each, value $406,688.
  • 394 shares on 2026-05-20 at $123.81 each, value $48,781.
• Both transactions are reported as discretionary purchases (code I). Purchases are generally considered more informative than sales, though they do not by themselves prove a particular view of the stock.

Key Details

• Transaction dates/prices: 2026-05-19 — 3,265 units @ $124.56; 2026-05-20 — 394 shares @ $123.81.
• Total acquired: 3,659 shares/units for ~$455,469.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes from the filing:
  • F1: Represents interests in an issuer stock fund.
  • F2: Phantom stock units were accrued under the Issuer’s Executive Savings Plan; they are settled six months after the reporting person's termination and may be reallocated within the Plan prior to settlement.
  • F3: Each phantom stock unit is the economic equivalent of one share of Duke Energy common stock.
• Filing timeliness: Report filed 2026-05-21 for transactions on 2026-05-19 and 05-20 (filed within standard Form 4 timing; no late filing indicated).

Context

• The 3,265-unit entry was a derivative interest (phantom stock units), not an option exercise; phantom units track the economic value of shares and are typically paid in cash or stock per plan rules at settlement.
• Transactions were discretionary (broker or plan administrator acted under discretion), which is a common execution method and differs from planned-sale/10b5-1 disclosures.