Regulatory Filings • May 5, 2025
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 29, 2025
| Commission
file number | Exact
Name of Registrant as Specified in its Charter, State or other Jurisdiction of Incorporation, Address of Principal Executive
Offices, Zip Code, and Registrant's Telephone Number, Including Area Code | IRS
Employer Identification No. |
| --- | --- | --- |
| | ● | |
| 1-32853 | DUKE ENERGY CORPORATION (a Delaware corporation) 525 South Tryon Street Charlotte , North Carolina 28202 800 - 488-3853 | 20-2777218 |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
| Registrant | Title of each class | Trading
Symbol(s) | Name
of each exchange on which registered |
| --- | --- | --- | --- |
| Duke Energy | Common Stock, $0.001 par value | DUK | New York Stock Exchange LLC |
| Duke Energy | 5.625% Junior Subordinated Debentures due September 15, 2078 | DUKB | New York Stock Exchange LLC |
| Duke Energy | Depositary
Shares each representing a 1/1,000th interest in
a share of 5.75% Series A Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share | DUK PR A | New York Stock Exchange LLC |
| Duke Energy | 3.10% Senior Notes due 2028 | DUK 28A | New York Stock Exchange LLC |
| Duke Energy | 3.85% Senior Notes due 2034 | DUK 34 | New York Stock Exchange LLC |
| Duke Energy | 3.75% Senior Notes due 2031 | DUK31A | New York Stock Exchange LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 29, 2025, Ms. Julia S. Janson, currently serving as Duke Energy Corporation’s (the “Corporation”) Executive Vice President and CEO, Duke Energy Carolinas, notified the Corporation of her intent to retire on June 30, 2025. Effective July 1, 2025, Ms. Janson’s responsibilities will transition as described in Exhibit 99.1 attached hereto and incorporated herein by reference.
Item 5.07 Submission of Matters to a Vote of Security Holders.
(a) The Corporation held its Annual Meeting of Shareholders on May 1, 2025.
(b) At the Annual Meeting, shareholders voted on the following items: (i) election of directors; (ii) ratification of the appointment of Deloitte & Touche LLP as the Corporation’s independent registered public accounting firm for 2025; (iii) an advisory vote to approve the Corporation’s named executive officer compensation; (iv) a shareholder proposal regarding support simple majority vote; and (v) a shareholder proposal regarding a net-zero audit. For more information on the proposals, see the Corporation’s Definitive Proxy Statement on Schedule 14A filed with the Commission on March 14, 2025. Set forth are the final voting results for each of the proposals.
· Proposal No. 1 – Election of Director Nominees
| Director | For | Against | Abstain | Broker Non-Votes | Votes Cast FOR — Votes Cast FOR + AGAINST |
|---|---|---|---|---|---|
| Derrick Burks | 505,116,976 | 4,203,044 | 1,503,663 | 145,472,494 | 99.17% |
| Annette K. Clayton | 504,213,945 | 5,258,193 | 1,351,545 | 145,472,494 | 98.97% |
| Theodore F. Craver, Jr. | 477,712,288 | 31,618,117 | 1,493,278 | 145,472,494 | 93.79% |
| Robert M. Davis | 495,811,931 | 13,428,129 | 1,583,623 | 145,472,494 | 97.36% |
| Caroline Dorsa | 504,022,148 | 5,489,632 | 1,311,903 | 145,472,494 | 98.92% |
| W. Roy Dunbar | 500,846,943 | 8,473,786 | 1,502,954 | 145,472,494 | 98.34% |
| Nicholas C. Fanandakis | 502,580,439 | 6,658,335 | 1,584,909 | 145,472,494 | 98.69% |
| John T. Herron | 504,525,013 | 4,780,827 | 1,517,843 | 145,472,494 | 99.06% |
| Idalene F. Kesner | 498,412,733 | 10,688,250 | 1,722,700 | 145,472,494 | 97.90% |
| E. Marie McKee | 483,699,367 | 25,423,346 | 1,700,970 | 145,472,494 | 95.01% |
| Michael J. Pacilio | 505,796,802 | 3,515,894 | 1,510,987 | 145,472,494 | 99.31% |
| Harry K. Sideris | 505,773,409 | 3,570,208 | 1,480,066 | 145,472,494 | 99.30% |
| Thomas E. Skains | 493,965,397 | 15,314,196 | 1,544,090 | 145,472,494 | 96.99% |
| William E. Webster, Jr. | 495,549,089 | 13,766,344 | 1,508,250 | 145,472,494 | 97.30% |
Each director nominee was elected to the Board of Directors with the support of a majority of the votes cast.
· Proposal No. 2 – Ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2025
| For | Against | Abstain | Broker Non-Votes | Votes Cast FOR — Votes Cast FOR + AGAINST | Votes Cast FOR — Votes Cast FOR + AGAINST + ABSTAIN |
|---|---|---|---|---|---|
| 626,602,084 | 27,639,556 | 2,054,537 | N/A | 95.78% | 95.48% |
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The ratification of Deloitte & Touche LLP as the Corporation’s independent registered public accounting firm for 2025 received the support of a majority of the shares represented.
· Proposal No. 3 – Advisory vote to approve the Company’s named executive officer compensation
| For | Against | Abstain | Broker Non-Votes | Votes Cast FOR — Votes Cast FOR + AGAINST | Votes Cast FOR — Votes Cast FOR + AGAINST + ABSTAIN |
|---|---|---|---|---|---|
| 471,535,597 | 35,410,988 | 3,877,098 | 145,472,494 | 93.01% | 92.31% |
The advisory vote to approve the Corporation’s named executive officer compensation received the support of a majority of the shares represented.
· Proposal No. 4 – Shareholder proposal regarding support simple majority vote
| For | Against | Abstain | Broker Non-Votes | Votes Cast FOR — Votes Cast FOR + AGAINST | Votes Cast FOR — Votes Cast FOR + AGAINST + ABSTAIN |
|---|---|---|---|---|---|
| 498,542,518 | 9,918,196 | 2,362,969 | 145,472,494 | 98.05% | 97.60% |
The shareholder proposal regarding support simple majority vote received the support of a majority of the shares represented.
· Proposal No. 5 – Shareholder proposal regarding a net-zero audit
| For | Against | Abstain | Broker Non-Votes | Votes Cast FOR — Votes Cast FOR + AGAINST | Votes Cast FOR — Votes Cast FOR + AGAINST + ABSTAIN |
|---|---|---|---|---|---|
| 11,531,366 | 492,297,167 | 6,995,150 | 145,472,494 | 2.29% | 2.26% |
The shareholder proposal regarding a net-zero audit failed to receive the support of a majority of the shares represented.
(c) Not applicable.
(d) Not applicable
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| 99.1 | Duke Energy Corporation Press Release dated May 2, 2025 Announcing Leadership Changes. |
|---|---|
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document). |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DUKE ENERGY CORPORATION — By: |
|---|
| David S. Maltz |
| Vice President, Legal, Chief Governance Officer and Assistant Corporate Secretary |
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