Duke Energy exec gets RSUs, withholds shares for taxes
Duke Energy CORP executive Louis E. Renjel reported equity compensation and related tax-withholding transactions in company stock.
Rhea-AI Filing Summary
Duke Energy CORP executive Louis E. Renjel reported equity compensation and related tax-withholding transactions in company stock. On February 25, 2026, he acquired 6,108 shares of common stock at $0.0000 per share as a restricted stock unit (RSU) award under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Footnotes explain these RSUs will be settled in common stock on a one-for-one basis, with one-third vesting each year over three years beginning on February 25, 2027.
On February 26, 2026, Renjel had shares withheld to cover taxes due upon vesting of prior RSU awards, disposing of 910 shares and 44 shares at a price of $129.23 per share through tax-withholding dispositions, not open-market sales. After these transactions, his direct holdings in Duke Energy common stock were reported as 24,915 shares. He also reported indirect ownership of 834 shares through interests in an issuer stock fund in a 401(k) plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 910 | $129.23 | $118K |
| Exercise Price or Tax Liability | Common Stock | 44 | $129.23 | $6K |
| Grant/Award | Common Stock | 6,108 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 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.
- F2. Represents the number of shares withheld to pay taxes due upon vesting of 1,816 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.
- F3. Represents the number of shares withheld to pay taxes due upon vesting of 87 restricted stock units ("RSUs") related to an RSU award granted April 30, 2025, under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
- F4. Represents interests in an issuer stock fund.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Duke Energy (DUK) executive Louis E. Renjel acquire in this Form 4 filing?
How do Louis Renjel’s new RSUs at Duke Energy (DUK) vest over time?
What plan governs the RSU awards reported for Duke Energy (DUK) executive Louis Renjel?
What does the 401(k) holding in Duke Energy (DUK) represent in Louis Renjel’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.