Form 4: Duke Energy Director Acquires Shares Through Savings Plan
SEC Filing
Annette K. Clayton, a director at Duke Energy, acquired shares through the Director Savings Plan on May 9, 2024.
Summary
- Annette K. Clayton, a director of Duke Energy, filed a Form 4 to report changes in beneficial ownership.
- On May 9, 2024, Clayton acquired 1,698.699 shares of Duke Energy common stock through the Director Savings Plan at a price of $103.02 per share.
- These shares were acquired as Restricted Stock Unit Deferrals.
- Following the transaction, Clayton directly owns 11,617 shares of Duke Energy common stock.
- The shares convert to common stock on a 1-for-1 basis and are generally payable upon the reporting person's termination of service.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's investment in the company, indicating confidence. It's a routine transaction.
Positives
- The director's participation in the savings plan demonstrates confidence in the company's future.
Industry Context
Directors commonly participate in company stock plans, aligning their interests with shareholders.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Acquisition of shares through Director Savings Plan |
| 05/13/2024 | Date of signature on the Form 4 filing |
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