Form 4: Duke Energy Executive Bonnie T. Titone Reports Stock Transaction
SEC Form 4 Filing
Bonnie T. Titone, a Senior Vice President and Chief Administrative Officer at Duke Energy, reported a transaction involving the withholding of shares to cover taxes upon the vesting of restricted stock units.
Summary
- On April 1, 2025, Bonnie T. Titone, a SVP and Chief Admin Officer at Duke Energy, reported a transaction.
- The transaction involved the withholding of 286 shares of common stock at a price of $121.07 to cover taxes due upon the vesting of 654 restricted stock units (RSUs).
- Following the transaction, Titone directly owns 21,608 shares of Duke Energy common stock.
- The RSUs were granted on March 11, 2024, under the Duke Energy Corporation 2023 Long-Term Incentive Plan and convert into common stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This allows investors to track insider sentiment and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation and tax obligations.
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 transaction: withholding of shares for tax obligations related to vesting RSUs |
| 04/03/2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, Duke Energy, Stock Transaction, Bonnie T. Titone, RSUs, Beneficial Ownership
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