Duke Energy (NYSE: DUK) EVP granted 25 phantom stock units in plan

Rhea-AI Filing Summary

Duke Energy executive Louis E. Renjel, EVP & Chief Corporate Affairs Officer, reported an acquisition of 25 phantom stock units on 01/15/2026. Each phantom stock unit is the economic equivalent of one share of Duke Energy common stock and was credited at a reference price of $118.9 per unit.

The units were accrued under Duke Energy's Executive Savings Plan, where they are generally settled in cash six months after the executive’s termination of service. Following this credit, Renjel beneficially holds 1,726 phantom stock units, which include prior deferrals of compensation between January 2024 and December 2024 that were omitted from earlier reports, as well as other credited retirement contributions. These plan-related transactions are noted as exempt under Rule 16b-3(d).

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Renjel Louis E.

Role EVP&CEO DEF&MW&ChiefCorpAffOff

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	25	$118.90	$3K

Holdings After Transaction: Phantom Stock Units — 1,726 shares (Direct)

Footnotes (1)

1. Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock. The phantom stock units were accrued under the Issuer's Executive Savings Plan (the Plan). Phantom stock units are settled six months following the reporting person's termination of service. Prior to settlement, the reporting person may transfer the value of their phantom stock units into alternative investment vehicles in the Plan. Includes phantom stock units acquired upon deferral of compensation under the Plan, including salary deferrals between January 2024 and December 2024 that were inadvertently omitted from prior filings, and other credited retirement contributions deposited into the Plan. Each of these transactions is exempt under Rule 16b-3(d).

Form 4 Insider Transactions: What Each Field Means →

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^*

Renjel Louis E.

(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&CEO DEF&MW&ChiefCorpAffOff

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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

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
Phantom Stock Units	(1)	01/15/2026		A		25		(2)	(2)	Common Stock	25	$118.9	1,726(3)	D

Explanation of Responses:

1. Each phantom stock unit is the economic equivalent of one share of the Issuer's common stock.

2. The phantom stock units were accrued under the Issuer's Executive Savings Plan (the Plan). Phantom stock units are settled six months following the reporting person's termination of service. Prior to settlement, the reporting person may transfer the value of their phantom stock units into alternative investment vehicles in the Plan.

3. Includes phantom stock units acquired upon deferral of compensation under the Plan, including salary deferrals between January 2024 and December 2024 that were inadvertently omitted from prior filings, and other credited retirement contributions deposited into the Plan. Each of these transactions is exempt under Rule 16b-3(d).

Remarks:

	David S. Maltz, attorney-in-fact for Louis E. Renjel	01/20/2026
	** 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) report in this Form 4 filing?

The filing shows that executive Louis E. Renjel acquired 25 phantom stock units tied to Duke Energy common stock on 01/15/2026 under the company’s Executive Savings Plan.

Who is the insider involved in this Duke Energy (DUK) Form 4?

The reporting person is Louis E. Renjel, an officer of Duke Energy serving as EVP & Chief Corporate Affairs Officer.

What are phantom stock units in the Duke Energy Executive Savings Plan?

Each phantom stock unit is described as the economic equivalent of one share of Duke Energy common stock and is credited under the company’s Executive Savings Plan.

When and how are Duke Energy phantom stock units settled for the executive?

According to the disclosure, phantom stock units are settled six months after the reporting person’s termination of service, with the ability to transfer value into other plan investment options before settlement.

How many phantom stock units does the Duke Energy executive hold after this transaction?

After the reported acquisition, Louis E. Renjel beneficially owns 1,726 phantom stock units under the plan.

Were these Duke Energy (DUK) phantom stock transactions open-market trades?

No. The filing states the phantom stock units were accrued under the Executive Savings Plan, including deferrals of compensation and retirement contributions, and are identified as exempt under Rule 16b-3(d).