Form 4: Duke Energy Executive Renjel Reports Stock Transactions
SEC Form 4 Filing
Louis E. Renjel, EVP, Chief Corporate Affairs at Duke Energy, reports the withholding of shares for tax obligations and holdings in an issuer stock fund.
Summary
- Louis E. Renjel, an executive at Duke Energy, filed a Form 4 detailing changes in beneficial ownership of Duke Energy stock.
- On May 5, 2024, 100 shares of common stock were disposed of to cover tax obligations related to the vesting of restricted stock units (RSUs) at a price of $100.26 per share.
- Renjel directly owns 21,624 shares of Duke Energy common stock.
- Renjel also indirectly owns 685 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of RSUs.
Key Dates
| Date | Description |
|---|---|
| 05/05/2021 | Date of RSU award grant under the Duke Energy Corporation 2015 Long-Term Incentive Plan. |
| 05/05/2024 | Date of stock transaction (disposal of shares for tax obligations). |
| 05/07/2024 | Date of signature on the Form 4 filing. |
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