Duke Energy Files 8-K on Corporate Matters
Ticker: DUKB · Form: 8-K · Filed: May 13, 2024 · CIK: 1326160
| Field | Detail |
|---|---|
| Company | Duke Energy Corp (DUKB) |
| Form Type | 8-K |
| Filed Date | May 13, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, financial-reporting, bylaws
Related Tickers: DUK
TL;DR
Duke Energy filed an 8-K on May 13th covering corporate governance and financial updates.
AI Summary
Duke Energy Corp. filed an 8-K on May 13, 2024, reporting on matters submitted to a vote of security holders and financial statements. The filing also includes amendments to articles of incorporation or bylaws and a change in fiscal year. Specific details on the votes, financial performance, or bylaw changes are not elaborated in this summary.
Why It Matters
This filing provides updates on Duke Energy's corporate governance and financial reporting, which are important for investors to understand the company's structure and performance.
Risk Assessment
Risk Level: low — The filing is routine and reports on corporate actions rather than significant financial distress or strategic shifts.
Key Players & Entities
- Duke Energy CORP (company) — Filer
- 0001140361-24-025705 (filing_id) — Accession Number
- 20240513 (date) — Filing Date
- 525 SOUTH TRYON STREET (address) — Business Address
- CHARLOTTE (city) — Business Address City
- NC (state) — Business Address State
- 28202-1803 (zip_code) — Business Address Zip
FAQ
What specific matters were submitted to a vote of Duke Energy's security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in the summary information.
Does this 8-K filing report a change in Duke Energy's fiscal year?
Yes, the filing explicitly lists 'Change in Fiscal Year' as an item of information covered by this 8-K.
What type of financial statements are included in this filing?
The filing indicates that 'Financial Statements and Exhibits' are included, but the specific nature or period of these statements is not detailed in the provided summary.
Are there any amendments to Duke Energy's articles of incorporation or bylaws reported?
Yes, the filing lists 'Amendments to Articles of Incorporation or Bylaws' as an item of information.
When was Duke Energy's former company name changed?
The filing notes a former company name 'Duke Energy Holding Corp.' with a date of name change on 20050628, and 'Deer Holding Corp.' with a date of name change on 20050504.
Filing Stats: 1,336 words · 5 min read · ~4 pages · Grade level 10 · Accepted 2024-05-13 16:15:20
Key Financial Figures
- $0.001 — registered Duke Energy Common Stock, $0.001 par value DUK New York Stock Exchan
Filing Documents
- ef20028749_8k.htm (8-K) — 140KB
- ef20028749_ex3-1.htm (EX-3.1) — 278KB
- image0.jpg (GRAPHIC) — 245KB
- 0001140361-24-025705.txt ( ) — 1348KB
- duk-20240509.xsd (EX-101.SCH) — 5KB
- duk-20240509_def.xml (EX-101.DEF) — 20KB
- duk-20240509_lab.xml (EX-101.LAB) — 31KB
- duk-20240509_pre.xml (EX-101.PRE) — 22KB
- ef20028749_8k_htm.xml (XML) — 11KB
03
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On May 9, 2024, the Board of Directors (the "Board") of Duke Energy Corporation (the "Corporation") adopted Amended and Restated By-Laws (the "By-Laws"), effective immediately. The amendments were adopted to clarify the Corporation's original intent regarding the provisions of the prior By-Laws relating to the conduct of stockholder meetings, proxy access for director nominations, and advance notice of shareholder proposals. Specifically, the amendments: (i) eliminate the terms "acting in concert" and "performance-related fees" throughout the By-Laws; (ii) add standard securities law-based definitions for the terms "affiliates," "associates," and "principal competitor;" (iii) amend Section 2.07 to simplify the language with respect the identification of the presiding officer at a meeting of shareholders; (iv) amend Section 2.14(c)(iii) to clarify the Corporation's intent that the Board (or a committee thereof) is the entity with power and duty to determine whether a nomination or any business proposed to be brought before the meeting was properly made; and (v) amend Sections 2.04 and 3.04 to remove a provision stating that the Board's decisions are binding on others. The foregoing description is qualified in its entirety by reference to the full text of the By-Laws, a copy of which is attached hereto as Exhibit 3.1 and incorporated herein by reference. Item5.07 Submission of Matters to a Vote of Security Holders. (a) The Corporation held its Annual Meeting of Shareholders on May 9, 2024. (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 2024; (iii) an advisory vote to approve the Corporation's named executive officer compensation; (iv) an amendment to the Amended and Restated Certificate of Inco
Financial Statements and Exhibits
Financial Statements and Exhibits. d) Exhibits. 3.1 Amended and Restated By-Laws of Duke Energy Corporation, effective as of May 9, 2024. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document). 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 Date: May 13, 2024 By: /s/ David S. Maltz Name: David S. Maltz Title: Vice President, Legal, Chief Governance Officer and Assistant Corporate Secretary