Form 4: Duke Energy Executive Alexander J. Weintraub Reports Stock Transaction
SEC Form 4 Filing
Alexander J. Weintraub, SVP and Chief Customer Officer at Duke Energy, reports a transaction involving the withholding of shares to cover taxes upon vesting of restricted stock units.
Summary
- On April 1, 2025, Alexander J. Weintraub, a Senior Vice President and Chief Customer Officer at Duke Energy, reported a transaction.
- 92 shares of common stock were withheld to cover taxes due upon the vesting of 318 restricted stock units (RSUs).
- The price per share for the tax withholding was $121.07.
- Following the transaction, Weintraub directly owns 8,260 shares of Duke Energy common stock.
- Weintraub also indirectly owns 2,528 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding an insider transaction, and it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of RSU award grant under the Duke Energy Corporation 2023 Long-Term Incentive Plan |
| 04/01/2025 | Date of the stock transaction (tax withholding for RSU vesting) |
| 04/03/2025 | Date of signature on the Form 4 filing |
Keywords
Duke Energy, Weintraub, Stock Transaction, Form 4, RSU, Restricted Stock Units, Beneficial Ownership, Insider Trading
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