Form 4: Duke Energy Executive Glenn Robert Alexander Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Duke Energy's EVP & CEO DEF & Midwest, Glenn Robert Alexander, reported acquiring phantom stock through the Executive Savings Plan.
Summary
- On May 10, 2024, Glenn Robert Alexander, EVP & CEO DEF & Midwest of Duke Energy, acquired 2,708 shares of phantom stock through the Executive Savings Plan.
- The phantom stock is the economic equivalent of Duke Energy's common stock and is payable in cash upon termination of service.
- The price of the phantom stock was $102.67 per share.
- Following the transaction, Alexander directly owns 2,708 shares of phantom stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation, and there is no indication of positive or negative sentiment.
Future Outlook
The phantom stock is payable in cash upon the reporting person's termination of service.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Glenn Robert Alexander acquired phantom stock. |
| 05/13/2024 | Date of signature on the Form 4 filing. |
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