Form 4: Jeffrey Guldner Reports 1,005 RSU Deferral for Duke Energy

Rhea-AI Filing Summary

Jeffrey B. Guldner, a director of Duke Energy Corp (ticker shown in filing as DUK; metadata: DUKB), reported a non-derivative acquisition on 09/15/2025. The filing shows 1,005 Restricted Stock Unit deferrals credited under a Director Savings Plan, converting 1-for-1 to common stock and valued at $122.37 per share. The 1,005 shares are reported as directly beneficially owned and are generally payable upon the reporting person’s termination of service. The Form 4 was signed by an attorney-in-fact on 09/16/2025.

Positive

• Acquisition recorded: 1,005 Restricted Stock Unit deferrals converting 1-for-1 to common stock
• Direct ownership: 1,005 shares reported as directly beneficially owned
• Clear reporting: Transaction and signer (attorney-in-fact) are explicitly disclosed

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director RSU deferral of 1,005 shares, modest in size relative to large-cap market caps; no immediate market-moving impact.

The transaction is a non-derivative acquisition under a Director Savings Plan, converting 1-for-1 to common stock and reported at a price of $122.37 per share. This is recorded as direct beneficial ownership and is generally payable upon termination of service, indicating these are deferred compensation awards rather than open-market purchases. As a stand-alone disclosure, it does not present material changes to company capital structure or reveal extraordinary insider trading activity.

Corporate Governance Expert

TL;DR: Standard director equity deferral consistent with typical compensation governance; documentation and signing by attorney-in-fact are routine.

The Form 4 documents a director's deferred restricted stock units that convert 1-for-1 to common shares and are payable upon termination, a common mechanism to align long-term interests. The filing identifies the reporting person as a director and shows proper execution by an attorney-in-fact. There are no indications in the filing of accelerated vesting, sale, or other governance concerns.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GULDNER JEFFREY B.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Director Savings Plan Restricted Stock Unit Deferrals	1,005	$122.37	$123K

Holdings After Transaction: Director Savings Plan Restricted Stock Unit Deferrals — 1,005 shares (Direct)

Footnotes (1)

1. Converts to Common Stock on a 1-for-1 basis. Generally payable upon reporting person's termination of service. Expiration date not applicable.

Form 4 Insider Transactions: What Each Field Means →

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^*

GULDNER JEFFREY B.

(Last) (First) (Middle)

525 SOUTH 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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

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
Director Savings Plan Restricted Stock Unit Deferrals	(1)	09/15/2025		A		1,005		(2)	(3)	Common Stock	1,005	$122.37	1,005	D

Explanation of Responses:

1. Converts to Common Stock on a 1-for-1 basis.

2. Generally payable upon reporting person's termination of service.

3. Expiration date not applicable.

Remarks:

	David S. Maltz, attorney-in-fact for Jeffrey B. Guldner	09/16/2025
	** 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 did Jeffrey B. Guldner report on Form 4 for Duke Energy (DUK/DUKB)?

The Form 4 reports an acquisition of 1,005 Restricted Stock Unit deferrals under a Director Savings Plan, converting 1-for-1 to common stock.

When was the transaction and what price is shown?

The transaction date is 09/15/2025 and the reported price per share is $122.37.

How many shares does Mr. Guldner beneficially own after the transaction?

He beneficially owns 1,005 shares following the reported transaction.

Are these shares immediately transferable or payable?

The filing states the units are generally payable upon termination of service, indicating deferred payout rather than immediate transfer.

Who signed the Form 4 and when?

The Form 4 was signed by David S. Maltz, attorney-in-fact for Jeffrey B. Guldner on 09/16/2025.