Form 4: Duke Energy Executive Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Louis E. Renjel, EVP, Chief Corporate Affairs at Duke Energy, reports acquisition of performance shares and disposition of shares to cover tax obligations.
Summary
- On February 7, 2025, Louis E. Renjel, EVP, Chief Corporate Affairs at Duke Energy, acquired 8,615 shares of common stock related to vested performance shares.
- These performance shares were granted on February 23, 2022, and vested after a three-year performance period.
- Also on February 7, 2025, Mr. Renjel disposed of 3,068 shares of common stock at a price of $114.99 to cover tax obligations related to the vesting of the performance shares.
- Following these transactions, Mr. Renjel directly owns 25,031 shares of Duke Energy common stock and indirectly owns 708 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving performance-based equity and tax withholding.
Key Dates
| Date | Description |
|---|---|
| 02/23/2022 | Date of grant for the performance share award. |
| 02/07/2025 | Date of acquisition of performance shares and disposition of shares for tax obligations. |
| 02/11/2025 | Date of signature for the Form 4 filing. |
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