Form 4: Duke Energy CEO Lynn Good Reports Stock Transactions

Duke Energy CEO Lynn Good reports acquisition of shares through vested performance awards and disposition of shares to cover tax obligations.

Summary

• Lynn Good, CEO of Duke Energy, reported transactions involving Duke Energy common stock on February 7, 2025.
• She acquired 140,253 shares through the vesting of performance shares related to an award granted on February 23, 2022.
• These performance shares had vesting requirements measured over a three-year period and were deemed satisfied on February 7, 2025.
• Good also disposed of 59,987 shares to cover taxes due upon the vesting of the performance shares at a price of $114.99 per share.
• Following these transactions, Good directly owns 502,885 shares of Duke Energy common stock.
• She also has indirect ownership through a 401(k), her spouse, an irrevocable trust, and a family trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of performance shares indicates that performance goals were met over the three-year performance period.

Negatives

• The sale of shares to cover tax obligations reduces the CEO's direct holdings, although this is a common practice.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the CEO's holdings, but the overall impact is likely minimal.

Key Dates

Keywords

Duke Energy, Lynn Good, stock transaction, performance shares, Form 4, beneficial ownership, CEO