Form 4: Duke Energy CEO Lynn Good Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Duke Energy CEO Lynn Good reported disposing of 15,000 shares of common stock at $103.3 and gifting 15,000 shares, resulting in adjustments to her direct and indirect holdings.

Summary

  • Lynn J. Good, CEO of Duke Energy, filed a Form 4 detailing changes in beneficial ownership of Duke Energy stock.
  • On May 15, 2024, Ms. Good disposed of 15,000 shares of common stock at a price of $103.3 per share.
  • Also on May 15, 2024, Ms. Good gifted 15,000 shares of common stock.
  • Following these transactions, Ms. Good directly owns 422,464 shares.
  • Ms. Good also has indirect ownership through a 401(k) (2,787 shares), spouse (786 shares), an irrevocable trust (52,966 shares), and a family trust (121,400 shares).

Sentiment

Score: 5

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

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to monitor the actions of key personnel and their confidence in the company.

Stakeholder Impact

  • Shareholders may be interested in the CEO's stock transactions as an indicator of her confidence in the company's future performance.

Key Dates

DateDescription
05/15/2024Date of stock disposal and gifting transactions.
05/16/2024Date of signature on the Form 4 filing.

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