Duke Energy (DUK) EVP reports tax-withholding share dispositions on RSU vesting
Filing Impact
Filing Sentiment
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 Trade Summary
4 transactions reported
Mixed
4 txns
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)
- 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.
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.