Duke Energy (NYSE: DUK) CFO gets RSU award, withholds shares for tax

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Duke Energy executive vice president and CFO Brian D. Savoy reported equity compensation transactions in company common stock. He received a grant of 7,679 restricted stock units under the Duke Energy Corporation 2023 Long-Term Incentive Plan, which convert into common shares on a one-for-one basis.

According to the filing, one-third of these RSUs will vest each year over three years beginning on February 25, 2027. The report also shows 1,027 shares withheld to cover taxes due upon vesting of 2,362 RSUs from a prior award. After these transactions, he directly holds 61,764 common shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Savoy Brian D

Role EVP & CFO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,027	$129.23	$133K
Grant/Award	Common Stock	7,679	$0.00	--

Holdings After Transaction: Common Stock — 61,764 shares (Direct)

Footnotes (1)

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. Represents the number of shares withheld to pay taxes due upon vesting of 2,362 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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/27/2026 - 07:39 PM

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^*

Savoy Brian D

(Last)

(First)

(Middle)

525 S. TRYON STREET

(Street)

CHARLOTTE

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 & CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/25/2026		A		7,679⁽¹⁾	A	$0	62,791	D
Common Stock	02/26/2026		F		1,027⁽²⁾	D	$129.23	61,764	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

2. Represents the number of shares withheld to pay taxes due upon vesting of 2,362 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.

Remarks:

	/s/ David S. Maltz, attorney-in-fact for Brian D. Savoy	02/27/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Duke Energy (DUK) CFO Brian Savoy report?

Brian D. Savoy reported an equity award and a tax-related share withholding. He received 7,679 restricted stock units under Duke Energy’s 2023 Long-Term Incentive Plan and had 1,027 common shares withheld to pay taxes on the vesting of 2,362 previously granted RSUs.

How many Duke Energy (DUK) restricted stock units were granted to the CFO?

The CFO was granted 7,679 restricted stock units. These RSUs were issued under the Duke Energy Corporation 2023 Long-Term Incentive Plan and are settled in common stock on a one-for-one basis upon vesting, providing stock-based compensation tied to future service and performance.

What is the vesting schedule for Brian Savoy’s new Duke Energy (DUK) RSUs?

One-third of the 7,679 RSUs vest each year over three years. Vesting begins on February 25, 2027, with subsequent annual vesting dates, aligning the CFO’s compensation with longer-term company performance through staged delivery of common shares.

Were Duke Energy (DUK) shares sold by the CFO in the open market?

No open-market sale was reported. The 1,027 common shares labeled with transaction code F were withheld by the company solely to pay taxes due upon vesting of 2,362 RSUs from a prior equity award under the long-term incentive plan.

How many Duke Energy (DUK) shares does the CFO own after these Form 4 transactions?

After the reported transactions, Brian D. Savoy directly owns 61,764 Duke Energy common shares. This figure reflects both the new restricted stock unit grant and the tax-withholding share reduction associated with the vesting of an earlier RSU award.

Which compensation plan governs the Duke Energy (DUK) CFO’s RSU awards?

Both the new grant and the vesting-related tax withholding are under the Duke Energy Corporation 2023 Long-Term Incentive Plan. This plan delivers restricted stock units that convert into common stock on a one-for-one basis, aligning executive compensation with shareholder interests.