[Form 4] Ocean Park High Income ETF Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filed for Duke Energy Corp (DUK) reports that Theodore F. Craver Jr., a director and chair, transferred 2,431 shares from direct ownership into a joint trust on 08/08/2025. The filing states the joint trust holds 16,790 shares. The transaction is recorded as a non-sale reclassification (no cash price), indicating a change in how the shares are held rather than an open-market sale.

Insights

Corporate Governance Expert

TL;DR: A routine internal reclassification of shares to a joint trust; governance impact is limited and administrative in nature.

The filing shows a transfer of 2,431 shares from directly held shares to a joint trust and notes the joint trust holds 16,790 shares following the transaction. The reporting person is identified as a director and chair, so the transfer affects reported beneficial ownership categories but does not represent a sale or acquisition that would change public float or raise immediate governance concerns. This type of reclassification is commonly used for estate or trust planning and does not, by itself, indicate a change in voting intentions stated in the document.

Securities Analyst

TL;DR: Non-derivative reclassification to a trust; negligible market impact absent any sale or option exercise.

The transaction is recorded as a non-derivative transfer of 2,431 common shares to a joint trust on 08/08/2025, with 16,790 shares held in the joint trust per the form. There is no cash price and no derivative activity reported. From a market-liquidity perspective, this does not increase immediate selling pressure and does not change reported indirect versus direct ownership beyond the reclassification described.

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
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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^*

CRAVER THEODORE F JR

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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
Common Stock	08/08/2025		G		2,431(1)	D	$0	16,791(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the transfer of 2,431 shares from directly held to a joint trust.

2. Includes 16,790 shares held in a joint trust.

Remarks:

	David S. Maltz, attorney-in-fact for Theodore F. Craver, Jr.	08/12/2025
	** 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 the Form 4 for Duke Energy (DUK) report?

The Form 4 reports that Theodore F. Craver Jr. transferred 2,431 shares from direct ownership into a joint trust.

When was the reported transaction for DUK executed?

The transaction date shown on the form is 08/08/2025.

How many shares does the joint trust hold after the transfer?

The filing states the joint trust holds 16,790 shares.

Was this transfer a sale or did it involve cash proceeds?

No. The filing records the transfer as a non-sale reclassification with a reported price of $0.

What is Theodore F. Craver Jr.'s relationship to Duke Energy in this filing?

He is identified on the form as a director and chair of the issuer.