Duke Energy (DUK) CEO sells 20,000 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Duke Energy President and CEO Harry K. Sideris reported an open-market sale of 20,000 shares of common stock at a weighted average price of $124.37 per share, in multiple trades between $124.08 and $124.53 on May 8, 2026. Following the sale, he directly holds 96,102 shares and indirectly holds 2,540 shares through a 401(k) stock fund.
Positive
- None.
Negative
- None.
Insights
CEO sells 20,000 Duke Energy shares but retains a large stake.
President and CEO Harry K. Sideris executed an open-market sale of 20,000 common shares at a weighted average of $124.37 on May 8, 2026, with trades ranging from $124.08 to $124.53.
After this transaction, he still directly owns 96,102 shares and indirectly holds 2,540 shares via a 401(k) issuer stock fund, indicating a continuing substantial equity position. No option exercises or derivative transactions are shown in this filing.
The filing describes a straightforward sale in the open market, without references to a Rule 10b5-1 trading plan or special conditions. Future company filings may provide additional context on any subsequent transactions or changes in the CEO’s overall ownership profile.
Insider Trade Summary
Net Seller: 20,000 shares ($2,487,400)
Net Sell
2 txns
Insider
Sideris Harry K.
Role
President, CEO
Sold
20,000 shs ($2.49M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $124.37 | $2.49M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 96,102 shares (Direct, null);
Common Stock — 2,540 shares (Indirect, By 401(k))
Footnotes (1)
- Reflects the weighted average sale price for the entire amount of shares sold. These shares were sold in multiple transactions at prices ranging from $124.08 to $124.53, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges. Represents interests in an issuer stock fund.
Key Figures
Shares sold: 20,000 shares
Weighted average sale price: $124.37 per share
Sale price range: $124.08–$124.53 per share
+3 more
6 metrics
Shares sold
20,000 shares
Open-market sale of common stock on May 8, 2026
Weighted average sale price
$124.37 per share
Average price across multiple sale transactions
Sale price range
$124.08–$124.53 per share
Range for individual sale executions
Direct holdings after transaction
96,102 shares
Common stock directly owned post-sale
Indirect 401(k) holdings
2,540 shares
Interests in issuer stock fund via 401(k)
Net share change
-20,000 shares
Net buy/sell shares in this Form 4
Key Terms
open-market sale, weighted average sale price, 401(k), issuer stock fund, +1 more
5 terms
open-market sale financial
"transaction_action is described as an open-market sale of common stock"
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.
weighted average sale price financial
"Reflects the weighted average sale price for the entire amount of shares sold"
401(k) financial
"nature_of_ownership notes indirect ownership as 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.
issuer stock fund financial
"Represents interests in an issuer stock fund"
Form 4 regulatory
"Insider filing data is presented as a Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Duke Energy (DUK) CEO Harry K. Sideris report in this Form 4?
Harry K. Sideris reported an open-market sale of 20,000 Duke Energy common shares. The shares were sold at a weighted average price of $124.37 per share across multiple transactions on May 8, 2026, according to the Form 4 disclosure.
Was this Duke Energy (DUK) CEO transaction an open-market sale?
Yes. The Form 4 identifies the 20,000-share transaction as a non-derivative open-market sale. A footnote describes it as multiple sales, providing a weighted average sale price and the detailed price range for the individual trade executions.
Does the Duke Energy (DUK) Form 4 show any option exercises or derivatives?
No. The derivative summary is empty, and there are no option exercise or convertible security entries. The filing only shows a common stock holding entry related to a 401(k) stock fund and the CEO’s 20,000-share open-market sale.
How are the CEO’s indirect Duke Energy (DUK) holdings structured?
Indirect holdings total 2,540 Duke Energy shares and are reported as held “By 401(k).” A footnote explains these represent interests in an issuer stock fund within a 401(k) plan, rather than directly held individual shares.