Duke Energy (DUK) EVP has shares withheld for taxes on 318 RSUs
Rhea-AI Filing Summary
Duke Energy executive Alexander J. Weintraub reported a routine share withholding related to equity compensation. On April 1, 2026, 139 shares of common stock were withheld at $130.90 per share to cover taxes due upon vesting of 318 restricted stock units granted under the 2023 Long-Term Incentive Plan. This was a tax-withholding disposition, not an open-market sale. After the transaction, he held 12,187 shares directly and an additional 2,616 shares indirectly through a 401(k) issuer stock fund.
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Insights
Routine tax withholding tied to RSU vesting, not an open-market sale.
Alexander J. Weintraub, EVP and Chief Customer Officer of Duke Energy, had 139 shares withheld at $130.90 per share to pay taxes on the vesting of 318 RSUs. Footnotes clarify this stems from a March 11, 2024 RSU award under the 2023 Long-Term Incentive Plan.
This F-code transaction is compensation-related and does not reflect a discretionary buy or sell decision. Following the withholding, he directly holds 12,187 shares and indirectly holds 2,616 shares via a 401(k) issuer stock fund, indicating he maintains a meaningful equity position.
Insider Trade Summary
Net Seller: 139 shares
Net Sell
2 txns
Insider
Weintraub Alexander J.
Role
EVP, Chief Customer Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 139 | $130.90 | $18K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,187 shares (Direct);
Common Stock — 2,616 shares (Indirect, By 401(k))
Footnotes (2)
- F1. Represents the number of shares withheld to pay taxes due upon vesting of 318 restricted stock units ("RSUs") related to a RSU award granted March 11, 2024, under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
- F2. Represents interests in an issuer stock fund.
Key Figures
Tax-withheld shares: 139 shares
Withholding price: $130.90 per share
RSUs vested: 318 RSUs
+2 more
5 metrics
Tax-withheld shares
139 shares
Withheld to pay taxes on RSU vesting
Withholding price
$130.90 per share
Value used for tax-withholding disposition
RSUs vested
318 RSUs
RSU award granted March 11, 2024; one-for-one into stock
Direct holdings after
12,187 shares
Common stock held directly after transaction
Indirect 401(k) holdings
2,616 shares
Interests in an issuer stock fund via 401(k)
Key Terms
restricted stock units ("RSUs"), tax-withholding disposition, 2023 Long-Term Incentive Plan, issuer stock fund, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents the number of shares withheld to pay taxes due upon vesting of 318 restricted stock units ("RSUs") related to a RSU award..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
2023 Long-Term Incentive Plan financial
"related to a RSU award granted March 11, 2024, under the Duke Energy Corporation 2023 Long-Term Incentive Plan."
issuer stock fund financial
"Represents interests in an issuer stock fund."
401(k) financial
""nature_of_ownership": "By 401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Duke Energy (DUK) executive Alexander Weintraub report in this Form 4?
Alexander Weintraub reported a tax-withholding disposition of Duke Energy common stock. 139 shares were withheld at $130.90 per share to cover taxes owed when 318 restricted stock units vested under the company’s 2023 Long-Term Incentive Plan.
Was the Duke Energy (DUK) Form 4 transaction an open-market sale?
No, the Form 4 does not show an open-market sale. The F-code transaction reflects shares withheld for taxes upon RSU vesting, described as “payment of tax liability by delivering securities,” rather than a discretionary market sale of Duke Energy shares.
What are Alexander Weintraub’s holdings in Duke Energy (DUK) after this Form 4?
After the reported transaction, Weintraub directly holds 12,187 shares of Duke Energy common stock. He also indirectly holds 2,616 shares through a 401(k) issuer stock fund, according to the holding entry and related footnote in the Form 4.
What award and plan are referenced in the Duke Energy (DUK) Form 4 footnotes?
The footnotes state the RSUs relate to an award granted on March 11, 2024 under the Duke Energy Corporation 2023 Long-Term Incentive Plan. The 318 RSUs convert into common stock on a one-for-one basis when they vest.
How is the 401(k) position described in the Duke Energy (DUK) Form 4?
The Form 4 lists 2,616 shares as an indirect holding “By 401(k).” A footnote explains this represents interests in an issuer stock fund, meaning the position is held within a retirement plan invested in Duke Energy stock.