Form 4: Duke Energy EVP Reports Routine RSU Tax Withholdings

Sentiment:

Insider Transaction Report


Duke Energy's EVP, Chief Power Grid Operations Officer Scott L. Batson reported tax-related stock withholdings upon the vesting of restricted stock units.

Summary

  • Scott L. Batson, Executive Vice President and Chief Power Grid Operations Officer of Duke Energy Corporation, reported transactions related to the vesting of restricted stock units (RSUs).
  • On February 22, 2026, 166 shares of common stock were withheld to cover taxes due upon the vesting of 583 RSUs, which were granted on February 22, 2023, under the 2015 Long-Term Incentive Plan.
  • Also on February 22, 2026, an additional 223 shares of common stock were withheld for taxes upon the vesting of 784 RSUs, granted on February 22, 2024, under the 2023 Long-Term Incentive Plan.
  • The price per share for these tax withholdings was $126.78.
  • Following these transactions, Scott L. Batson beneficially owns 30,029 shares of Duke Energy common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It reports routine, non-discretionary transactions related to executive compensation and does not indicate any change in company fundamentals or executive sentiment.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that the withholding of shares to cover tax obligations upon the vesting of restricted stock units is a standard and routine practice in executive compensation across publicly traded companies, particularly within the utility sector.

Stakeholder Impact

  • Shareholders: Minimal impact, as these are routine compensation-related transactions and do not reflect discretionary sales or purchases that would signal a change in insider sentiment or company prospects.

Key Dates

DateDescription
02/22/2023Grant date for 583 restricted stock units (RSUs) under the Duke Energy Corporation 2015 Long-Term Incentive Plan.
02/22/2024Grant date for 784 restricted stock units (RSUs) under the Duke Energy Corporation 2023 Long-Term Incentive Plan.
02/22/2026Transaction date for the vesting of restricted stock units and the withholding of shares for tax obligations.
02/24/2026Signature date of the reporting person's attorney-in-fact for the Form 4 filing.

Keywords

Duke Energy, DUK, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Scott L. Batson

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