Repko Regis T. 4
Research Summary
AI-generated summary
Duke Energy (DUK) SVP Regis Repko Receives RSU Award; Shares Withheld
What Happened Regis T. Repko, SVP of System Planning & Construction at Duke Energy (DUK), was granted 3,636 restricted stock units (RSUs) on Feb 25, 2026 (recorded as an acquisition at $0.00). Separately, on Feb 26, 2026, 368 shares were disposed/withheld to satisfy tax withholding obligations at $129.23 per share, reported as $47,557.
This was primarily an equity award (not a cash purchase) and a routine tax-withholding disposition rather than an investment-motivated open-market sale.
Key Details
- Transaction dates and prices:
- Feb 25, 2026 — Award/Grant: 3,636 RSUs @ $0.00 (acquisition).
- Feb 26, 2026 — Tax withholding/disposition: 368 shares @ $129.23 = $47,557.
- Shares owned after transaction: Not specified in the portions of the filing provided.
- Footnotes:
- F1: The 3,636 RSUs are granted under Duke Energy’s 2023 LTIP and vest one-third annually over 3 years starting Feb 25, 2027 (settled one-for-one in common stock upon vesting).
- F2: The 368 shares withheld represent shares surrendered to cover taxes on 1,031 RSUs from a Feb 26, 2025 award.
- Filing timeliness: Filing date Feb 27, 2026; filing appears timely (Form 4 due within two business days of transaction).
Context
- RSUs are a form of compensation that convert into shares upon vesting; the Feb 25, 2026 grant does not vest until 2027 and later, so it’s long-term compensation rather than an immediate purchase.
- The 368-share disposition was a tax-withholding event (routine) tied to prior RSU vesting, not necessarily a market-directed sale.