DTE Energy director awarded 1,230 phantom stock units
Williams Valerie reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Williams Valerie reported acquisition or exercise transactions in this Form 4 filing.
DTE Energy director Valerie Williams received an award of 1,230 units of phantom stock on May 7, 2026. This was a compensation-related grant, not an open-market purchase, and carries a stated price of $0.00 per unit.
The phantom stock is linked 1-for-1 to DTE Energy common stock and is immediately vested but subject to at least a one-year deferral. Following this grant, Williams holds a total of 5,711.28 phantom stock units, including amounts accumulated through the deferred stock compensation plan’s reinvestment feature.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,230 shares
Grant/Award
1 txn
Insider
Williams Valerie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,230 | $0.00 | $0.00 |
Holdings After Transaction:
Phantom Stock — 5,711.28 contracts (Direct)
Footnotes (3)
- F1. 1 for 1
- F2. The phantom shares are immediately vested, but subject to a minimum 1-year deferral.
- F3. Includes phantom stock acquired through the reinvestment feature under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors.
Key Figures
Phantom stock granted: 1,230 units
Phantom stock holdings after grant: 5,711.28 units
Transaction price per unit: $0.00
+2 more
5 metrics
Phantom stock granted
1,230 units
Grant to director Valerie Williams on May 7, 2026
Phantom stock holdings after grant
5,711.28 units
Total phantom stock units following the transaction
Transaction price per unit
$0.00
Compensation award, not an open-market purchase
Conversion ratio
1-for-1
Phantom stock linked to DTE Energy common stock
Minimum deferral period
1 year
Phantom shares vested but subject to deferral
Key Terms
Phantom Stock, Deferred Stock Compensation Plan, Non-Employee Directors, Grant, award, or other acquisition
4 terms
Phantom Stock financial
"The phantom shares are immediately vested, but subject to a minimum 1-year deferral."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Deferred Stock Compensation Plan financial
"Includes phantom stock acquired through the reinvestment feature under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors."
Non-Employee Directors financial
"Deferred Stock Compensation Plan for Non-Employee Directors."
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did DTE Energy (DTB) report for Valerie Williams?
DTE Energy reported that director Valerie Williams received 1,230 phantom stock units as a compensation grant. The award is not an open-market purchase and brings her total phantom stock holdings to 5,711.28 units under the company’s deferred stock compensation framework.
Is Valerie Williams buying or selling DTE Energy (DTB) stock in this Form 4?
Valerie Williams is not buying or selling stock on the open market in this Form 4. She received a grant of 1,230 phantom stock units as compensation, which increases her deferred, stock-linked holdings without any cash transaction at a market price.
How many phantom stock units does Valerie Williams hold after this DTE Energy (DTB) grant?
After the grant, Valerie Williams holds 5,711.28 phantom stock units tied to DTE Energy common stock. This total includes the newly awarded 1,230 units and prior phantom stock accumulated through the deferred stock compensation plan and its reinvestment features for non-employee directors.
What are the key terms of the phantom stock granted by DTE Energy (DTB)?
The 1,230 phantom stock units are immediately vested and track DTE Energy common stock on a 1-for-1 basis. However, they are subject to a minimum one-year deferral and are administered under the company’s Deferred Stock Compensation Plan for Non-Employee Directors.
Does the DTE Energy (DTB) phantom stock grant involve a cash exercise price?
The phantom stock grant shows a transaction price and exercise price of $0.00 per unit. This indicates a pure compensation award rather than a purchase, providing Valerie Williams with stock-linked value without requiring her to pay cash to acquire the units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
