Form 4: Duke Energy Director Transfers Shares to Joint Trust
SEC Filing
Theodore F. Craver Jr., a director at Duke Energy, transferred 1,699 shares of common stock to a joint trust on May 17, 2024.
Summary
- Theodore F. Craver Jr., a director of Duke Energy Corp, filed a Form 4 on May 21, 2024, reporting a change in beneficial ownership.
- On May 17, 2024, Mr. Craver transferred 1,699 shares of Duke Energy common stock from direct ownership to a joint trust.
- Following the transaction, Mr. Craver directly owns no shares and indirectly owns 14,360 shares, with 14,359 of those held in a joint trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a change in beneficial ownership, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders as it is a transfer of shares to a trust and does not represent a sale or purchase.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of the stock transfer to a joint trust. |
| 05/21/2024 | Date of Form 4 filing. |
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