Form 4: Duke Energy Director Michael J. Pacilio Reports Acquisition of Common Stock Through Director Savings Plan

Sentiment:

SEC Form 4 Filing


Director Michael J. Pacilio reports acquisition of 1,698.699 shares of Duke Energy common stock through a director savings plan on May 9, 2024, at a price of $103.02 per share.

Summary

  • On May 9, 2024, Michael J. Pacilio, a director of Duke Energy Corp, acquired 1,698.699 shares of common stock through the Director Savings Plan.
  • The price per share was $103.02.
  • Following the transaction, Pacilio directly owns 5,287 shares of Duke Energy common stock.
  • The shares were acquired as Restricted Stock Unit Deferrals.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The director's acquisition could be seen as a slightly positive signal, but it's a routine part of compensation.

Positives

  • The acquisition of shares by a director may signal confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding insider activity.

Key Dates

DateDescription
05/09/2024Date of transaction: Michael J. Pacilio acquired shares of Duke Energy common stock.
05/13/2024Date of signature on the Form 4 filing.

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