Duke Energy (DUK) EVP Louis Renjel sells 3,500 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Duke Energy executive Louis E. Renjel reported an open‑market sale of 3,500 shares of Common Stock at $125.15 per share. After the sale, he holds 21,415 shares directly and 914 shares indirectly through a 401(k) stock fund, according to the Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,500 shares ($438,025)
Net Sell
2 txns
Insider
Renjel Louis E.
Role
EVP&CEO DEF&MW&ChiefCorpAffOff
Sold
3,500 shs ($438K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,500 | $125.15 | $438K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,415 shares (Direct, null);
Common Stock — 914 shares (Indirect, 401(k))
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,500 shares
Sale price: $125.15 per share
Direct holdings after sale: 21,415 shares
+2 more
5 metrics
Shares sold
3,500 shares
Open-market sale of Common Stock
Sale price
$125.15 per share
Price for 3,500-share sale
Direct holdings after sale
21,415 shares
Common Stock held directly post-transaction
Indirect 401(k) holdings
914 shares
Interests in issuer stock fund via 401(k)
Net insider share change
-3,500 shares
Net buy/sell shares from transaction summary
Key Terms
open-market sale, 401(k), Common Stock, indirect ownership
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
401(k) financial
"nature_of_ownership": "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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect ownership financial
"ownership_type": "indirect""
FAQ
What insider transaction did Duke Energy (DUK) report for Louis E. Renjel?
Duke Energy reported that executive Louis E. Renjel sold 3,500 shares of Common Stock in an open-market transaction. The sale was reported on Form 4 and reflects an insider disposition at a disclosed price, providing transparency into executive equity activity.
Does the Duke Energy (DUK) Form 4 show any derivative securities for Louis E. Renjel?
The Form 4 shows no remaining derivative securities for Louis E. Renjel in its derivative summary section. The reported activity involves only Common Stock, with one open-market sale and a separate 401(k) stock fund holding entry, both clearly itemized in the filing.
What indirect Duke Energy (DUK) holdings does Louis E. Renjel report?
Louis E. Renjel reports 914 Duke Energy shares held indirectly in a 401(k) stock fund. The footnote explains these are interests in an issuer stock fund, indicating retirement-plan ownership separate from his directly held Common Stock position noted in the same Form 4.