Repko Regis T. 4

What Happened

Regis T. Repko, SVP, System Planning & Construction at Duke Energy (DUK), received 6,162 performance shares that vested on February 5, 2026. Of those, 1,786 shares were withheld to cover tax liabilities at an indicated per-share value of $123.41, producing a withholding amount of $220,410. Net shares delivered to Repko were 4,376.

Key Details

• Transaction date: 2026-02-05 (vesting of performance shares; tax withholding disposition)
• Filing date: 2026-02-09 (filed within the required 2 business days)
• Award: 6,162 shares acquired (transaction code A) at $0.00 reported (vested award)
• Withholding/disposition: 1,786 shares disposed (transaction code F) at $123.41 = $220,410 withheld for taxes
• Net shares retained after withholding: 4,376
• Footnotes: The shares represent vested performance shares from a Feb 22, 2023 award with a three-year performance measurement period (vested and deemed satisfied on Feb 5, 2026). Shares were withheld to pay taxes due upon vesting.
• Shares beneficially owned after the transactions: not specified in the Form 4 filing

Context

This was a vesting of long-term performance-based equity, not an open-market purchase or a voluntary sale. Tax withholding upon vesting is a common administrative step and does not necessarily indicate a change in the insider's view of the company. The award was originally granted in 2023 and became payable after the three-year performance period ended.