What does the share acquisition at $0 mean in Gerardo Norcia’s DTE Energy filing?

The Form 4 shows Gerardo Norcia acquired 51,028.379 DTE Energy common shares at a price of $0 per share. This indicates the shares were received without a cash purchase price, increasing his reported direct beneficial ownership significantly in a single transaction.

Executive chair at DTE Energy (DTE) awarded 51K shares, disposes 13.6K

Q: What role does Gerardo Norcia have at DTE Energy according to this filing?

The Form 4 identifies Gerardo Norcia as both a director and an officer of DTE Energy, with the officer title Executive Chairman . This places him in a senior leadership and governance position while reporting his beneficial ownership changes in company stock.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

DTE Energy executive chairman Gerardo Norcia reported several common stock transactions on February 4, 2026. He acquired 51,028.379 common shares at a price of $0, increasing his direct holdings. On the same date, he disposed of 13,609 shares at $135.70 per share under transaction code F, and an additional 0.379 share at $135.70 per share. After these transactions, Norcia directly holds 437,779 DTE Energy common shares. He also has an indirect holding of 974.75 common shares through a 401(k) account.

Insider Trade Summary

Net Buyer: 37,419 shares

Net Buy 4 txns

Insider Norcia Gerardo

Role Executive Chairman

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	51,028.379	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	13,609	$135.70	$1.85M
Disposition	Common Stock	0.379	$135.70	$51.43
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 437,779 shares (Direct); Common Stock — 974.75 shares (Indirect, 401K)

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/06/2026 - 01:07 PM

FAQ

What insider transactions did Gerardo Norcia report for DTE Energy (DTE)?

Gerardo Norcia reported acquiring 51,028.379 DTE Energy common shares at $0 and disposing of 13,609 shares plus 0.379 share at $135.70 on February 4, 2026. These transactions updated his direct and indirect ownership positions.

How many DTE Energy shares does Gerardo Norcia own after this Form 4?

After the reported transactions, Gerardo Norcia directly owns 437,779 DTE Energy common shares. He also indirectly holds 974.75 additional common shares through a 401(k) account, reflecting both direct and retirement-plan-related ownership.

What is the significance of the transaction code F in Norcia’s DTE Energy Form 4?

In the filing, transaction code F applies to the disposal of 13,609 DTE Energy shares at $135.70 per share on February 4, 2026. This code distinguishes that specific disposition from the other acquisition and small disposition reported the same day.

Does Gerardo Norcia hold any DTE Energy shares indirectly?

Yes. Beyond his direct holdings, Gerardo Norcia’s Form 4 reports 974.75 DTE Energy common shares held indirectly through a 401(k) plan. This indirect position is listed separately from his 437,779 directly owned shares in the ownership table.

What role does Gerardo Norcia have at DTE Energy according to this filing?

The Form 4 identifies Gerardo Norcia as both a director and an officer of DTE Energy, with the officer title Executive Chairman. This places him in a senior leadership and governance position while reporting his beneficial ownership changes in company stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Norcia Gerardo

(Last)

(First)

(Middle)

ONE ENERGY PLAZA

(Street)

DETROIT

48226

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
DTE ENERGY CO [ DTE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/04/2026		A		51,028.379	A	$0	451,388.379	D
Common Stock	02/04/2026		F		13,609	D	$135.7	437,779.379	D
Common Stock	02/04/2026		D		0.379	D	$135.7	437,779	D
Common Stock								974.75	I	401K

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

	/s/Todd A. Richards, Attorney-in-Fact	02/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR