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Duke Energy (DUK) EVP reports tax-withholding share dispositions on RSU vesting

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Duke Energy executive Louis E. Renjel reported share dispositions tied to tax withholding rather than open-market sales. On February 22, 2026, he surrendered common stock at $126.78 per share in three transactions of 767, 1,025 and 454 shares to cover taxes on vesting restricted stock units granted in 2023 and 2024. Following these transactions, he continued to hold over 19,000 Duke Energy common shares directly, plus additional indirect interests in a company stock fund through a 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Renjel Louis E.
Role EVP&CEO DEF&MW&ChiefCorpAffOff
Type Security Shares Price Value
Tax Withholding Common Stock 767 $126.78 $97K
Tax Withholding Common Stock 1,025 $126.78 $130K
Tax Withholding Common Stock 454 $126.78 $58K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 21,240 shares (Direct); Common Stock — 834 shares (Indirect, 401(k))
Footnotes (1)
  1. Represents the number of shares withheld to pay taxes due upon vesting of 1,529 restricted stock units ("RSUs") related to an RSU award granted February 22, 2023, under the Duke Energy Corporation 2015 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis. Represents the number of shares withheld to pay taxes due upon vesting of 2,045 restricted stock units ("RSUs") related to an RSU award granted February 22, 2024, under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis. Represents the number of shares withheld to pay taxes due upon vesting of 905 restricted stock units ("RSUs") related to an RSU award granted February 22, 2024, under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis. Represents interests in an issuer stock fund.
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)
02/22/2026
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 02/22/2026 F 767(1) D $126.78 21,240 D
Common Stock 02/22/2026 F 1,025(2) D $126.78 20,215 D
Common Stock 02/22/2026 F 454(3) D $126.78 19,761 D
Common Stock 834 I 401(k)(4)
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. Represents the number of shares withheld to pay taxes due upon vesting of 1,529 restricted stock units ("RSUs") related to an RSU award granted February 22, 2023, under the Duke Energy Corporation 2015 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
2. Represents the number of shares withheld to pay taxes due upon vesting of 2,045 restricted stock units ("RSUs") related to an RSU award granted February 22, 2024, under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
3. Represents the number of shares withheld to pay taxes due upon vesting of 905 restricted stock units ("RSUs") related to an RSU award granted February 22, 2024, under the Duke Energy Corporation 2023 Long-Term Incentive Plan. Such RSUs convert into common stock on a one-for-one basis.
4. Represents interests in an issuer stock fund.
Remarks:
David S. Maltz, attorney-in-fact for Louis E. Renjel 02/24/2026
** 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 insider transaction did Duke Energy (DUK) executive Louis Renjel report?

Louis E. Renjel reported dispositions of Duke Energy common stock to cover tax obligations on vesting restricted stock units. The shares were withheld by the company, rather than sold in the open market, in connection with equity awards granted in 2023 and 2024.

Was the Duke Energy (DUK) insider activity an open-market sale?

No, the reported Duke Energy transactions were tax-withholding dispositions, not open-market sales. Shares were withheld by the issuer to pay taxes due upon vesting of restricted stock units awarded under Duke Energy’s long-term incentive plans.

How many Duke Energy (DUK) restricted stock units vested for Louis Renjel?

The filing notes vesting of 1,529 RSUs from a 2023 award and 2,950 RSUs from 2024 awards. Portions of the resulting shares were withheld to satisfy tax liabilities, with each RSU converting into one share of Duke Energy common stock.

What price was used for the Duke Energy (DUK) tax-withholding dispositions?

Each tax-withholding disposition used a Duke Energy common stock price of $126.78 per share. This price was applied to the shares surrendered to cover tax liabilities triggered by the vesting of restricted stock unit awards.

Does Louis Renjel still hold Duke Energy (DUK) shares after these transactions?

Yes, after the tax-withholding dispositions Louis E. Renjel continued to hold a significant number of Duke Energy common shares directly. He also has additional indirect holdings through interests in an issuer stock fund within a 401(k) plan.