Duke Energy director gifts 2,402 company shares
Duke Energy director and chair Theodore F. Craver Jr. reported a bona fide gift of 2,402 shares of Common Stock on May 18, 2026.
Rhea-AI Filing Summary
Duke Energy director and chair Theodore F. Craver Jr. reported a bona fide gift of 2,402 shares of Common Stock on May 18, 2026. The filing describes this as a transfer from directly held shares to a joint trust, so it does not reflect a market sale.
After the transfer, Craver reports 19,193 Duke Energy shares as directly owned, which now includes shares held through the joint trust. The transaction is a non-cash internal reallocation of ownership rather than a change in his overall economic exposure to the stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,402 shares gifted
Gift
1 txn
Insider
CRAVER THEODORE F JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 2,402 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 19,193 shares (Direct)
Footnotes (2)
- F1. Represents the transfer of 2,402 shares from directly held to a joint trust.
- F2. Includes 19,192 shares held in a joint trust.
Key Figures
Shares gifted: 2,402 shares
Shares after transaction: 19,193 shares
Gift price per share: $0.00 per share
+2 more
5 metrics
Shares gifted
2,402 shares
Bona fide gift of Common Stock on May 18, 2026
Shares after transaction
19,193 shares
Directly owned Common Stock following reported gift
Gift price per share
$0.00 per share
No consideration paid or received for gifted shares
Gift transaction code
Code G
Classified as a bona fide gift of Common Stock
Gift share count summary
2,402 shares
GiftShares in transaction summary
Key Terms
bona fide gift, joint trust, Common Stock
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 2,402-share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
joint trust financial
"Represents the transfer of 2,402 shares from directly held to a joint trust."
Common Stock financial
"security_title: "Common Stock" for the reported Form 4 transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Duke Energy (DUK) director Theodore F. Craver Jr. report?
Theodore F. Craver Jr. reported a bona fide gift of 2,402 shares of Duke Energy Common Stock. The shares were transferred from his direct holdings to a joint trust, reflecting an internal ownership shift rather than an open-market sale or purchase.
What are Theodore F. Craver Jr.’s reported Duke Energy (DUK) holdings after the gift?
Following the gift, he reports owning 19,193 Duke Energy shares directly. A footnote explains that this figure includes shares held in a joint trust, meaning his reported position remains sizable despite the internal transfer from direct ownership to the trust structure.
Was the Duke Energy (DUK) insider transaction a market sale or purchase?
No, the transaction was not a market trade. It is coded as a “G” transaction, described as a bona fide gift, representing a transfer of 2,402 shares from directly held shares to a joint trust, with no price paid or received per share in the filing.
What does the Form 4 “bona fide gift” code mean for Duke Energy (DUK)?
A “bona fide gift” (code G) indicates shares were given without consideration, often for personal, family, or estate-planning reasons. For Duke Energy, this filing shows 2,402 shares moved from direct ownership by Theodore F. Craver Jr. to a joint trust structure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
