STOCK TITAN

Duke Energy (DUK) EVP has shares withheld to cover RSU tax bill

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Duke Energy EVP Bonnie B. Titone reported two tax-related share dispositions tied to restricted stock vesting. On 850 and 930 RSUs vesting, a total of 774 common shares were withheld at $126.78 per share to cover tax obligations. After these withholdings, she directly holds 24,622 common shares.

Positive

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Negative

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Insider Titone Bonnie B.
Role EVP, Chief Admin Officer
Type Security Shares Price Value
Tax Withholding Common Stock 370 $126.78 $47K
Tax Withholding Common Stock 404 $126.78 $51K
Holdings After Transaction: Common Stock — 25,026 shares (Direct)
Footnotes (1)
  1. Represents the number of shares withheld to pay taxes due upon vesting of 850 restricted stock units ("RSUs") related to an RSU award granted February 22, 2023, under the Duke Energy Corporation 2015 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis. Represents the number of shares withheld to pay taxes due upon vesting of 930 restricted stock units ("RSUs") related to an RSU award granted February 22, 2024, under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Titone Bonnie B.

(Last) (First) (Middle)
525 S. TRYON STREET

(Street)
CHARLOTTE NC 28202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Duke Energy CORP [ DUK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Admin Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/22/2026 F 370(1) D $126.78 25,026 D
Common Stock 02/22/2026 F 404(2) D $126.78 24,622 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the number of shares withheld to pay taxes due upon vesting of 850 restricted stock units ("RSUs") related to an RSU award granted February 22, 2023, under the Duke Energy Corporation 2015 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
2. Represents the number of shares withheld to pay taxes due upon vesting of 930 restricted stock units ("RSUs") related to an RSU award granted February 22, 2024, under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
Remarks:
David S. Maltz, attorney-in-fact for Bonnie B. Titone 02/24/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Duke Energy (DUK) executive Bonnie B. Titone report in this Form 4?

Bonnie B. Titone reported tax-withholding dispositions of Duke Energy common stock. A total of 774 shares were withheld upon vesting of restricted stock units, rather than sold in the open market, to satisfy tax liabilities associated with equity compensation.

How many Duke Energy (DUK) shares were withheld for taxes in this filing?

The filing shows 370 and 404 Duke Energy common shares, totaling 774, were withheld. These withholdings occurred when RSU awards vested and represent shares used to pay taxes due on the equity awards, not discretionary stock sales by the executive.

What RSU awards triggered the share withholdings for Duke Energy (DUK)?

The withholdings relate to vesting of 850 RSUs from a February 22, 2023 award and 930 RSUs from a February 22, 2024 award. Both awards convert RSUs to Duke Energy common stock on a one-for-one basis under the company’s long-term incentive plans.

What is Bonnie B. Titone’s Duke Energy (DUK) share ownership after these transactions?

After the tax-withholding dispositions, Bonnie B. Titone directly holds 24,622 Duke Energy common shares. This figure reflects her remaining direct ownership following the automatic share withholdings used to cover tax obligations on vested restricted stock units.

Were the Duke Energy (DUK) transactions open-market sales by the executive?

No, the transactions were not open-market sales. The Form 4 characterizes them as tax-withholding dispositions, where shares are automatically withheld by the company upon RSU vesting to pay the related tax liability, rather than voluntarily sold into the market.