Duke Energy (NYSE: DUK) EVP awarded RSUs, shares withheld for tax

Rhea-AI Filing Summary

Duke Energy executive Bonnie B. Titone reported equity compensation activity and related tax withholding. On February 25, 2026, she acquired 5,375 shares of common stock at $0.00 per share as a grant under the 2023 Long-Term Incentive Plan, in the form of restricted stock units that settle one-for-one into common shares, with one-third vesting each year over three years beginning February 25, 2027.

On February 26, 2026, 701 shares of common stock at $129.23 per share were disposed of as a tax-withholding transaction upon vesting of 1,612 restricted stock units from a prior award. After these transactions, she directly holds 29,296 shares of Duke Energy common stock.

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

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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)
02/25/2026

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	02/25/2026		A		5,375(1)	A	$0	29,997	D
Common Stock	02/26/2026		F		701(2)	D	$129.23	29,296	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. The reporting owner received restricted stock units ("RSUs") granted under the Duke Energy Corporation 2023 Long-Term Incentive Plan, which RSU's are settled in common stock on a one-for-one basis upon vesting. 1/3rd of the RSUs vest each year over a 3-year period beginning on February 25, 2027.

2. Represents the number of shares withheld to pay taxes due upon vesting of 1,612 restricted stock units ("RSUs") related to an RSU award granted February 26, 2025, 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	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

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

Bonnie B. Titone reported an equity award and related tax withholding. She received 5,375 restricted stock units that settle into common stock and had 701 shares withheld at $129.23 per share to cover taxes on vesting of 1,612 previously granted RSUs.

How many Duke Energy (DUK) shares did Bonnie B. Titone acquire in the latest award?

She acquired 5,375 shares through a restricted stock unit grant. These RSUs were issued under the Duke Energy Corporation 2023 Long-Term Incentive Plan and convert into common stock on a one-for-one basis, subject to a three-year vesting schedule starting February 25, 2027.

What is the vesting schedule of Bonnie B. Titone’s new Duke Energy RSU grant?

The RSUs vest in three equal annual installments. One-third of the 5,375 restricted stock units vests each year over a three-year period, beginning on February 25, 2027, with each vested RSU settling into one share of Duke Energy common stock.

Why were 701 Duke Energy (DUK) shares disposed of in Bonnie B. Titone’s Form 4?

The 701 shares were withheld to pay taxes on vesting RSUs. They relate to 1,612 restricted stock units from an award granted February 26, 2025, and were surrendered at $129.23 per share as a tax-withholding disposition, not an open-market sale.

How many Duke Energy shares does Bonnie B. Titone own after these Form 4 transactions?

After these transactions, she directly owns 29,296 shares of Duke Energy common stock. This total reflects the new restricted stock unit award credited as common stock and the 701 shares withheld to satisfy tax obligations on vesting RSUs from a prior grant.

What compensation plan governs Bonnie B. Titone’s Duke Energy restricted stock units?

Her RSUs were granted under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Under this plan, restricted stock units convert into common stock on a one-for-one basis upon vesting, with specified multi-year vesting schedules tied to continued service or other plan conditions.