Director at DTE Energy (DTE) receives 1,230 phantom stock units in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DTE Energy Co director Mark A. Murray received 1,230 units of Phantom Stock as a grant under a deferred compensation arrangement. These phantom shares are linked 1-for-1 to DTE common stock and are immediately vested but must be deferred for at least one year.
After this award, Murray holds a total of 3,976.9 phantom stock units, including amounts acquired through the reinvestment feature of the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MURRAY MARK A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,230 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock — 3,976.9 shares (Direct, null)
Footnotes (1)
- 1 for 1 The phantom shares are immediately vested, but subject to a minimum 1-year deferral. 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
Total phantom stock after grant: 3,976.9 units
Conversion ratio: 1-for-1
+1 more
4 metrics
Phantom stock granted
1,230 units
Grant of Phantom Stock on 2026-05-07
Total phantom stock after grant
3,976.9 units
Holdings following transaction
Conversion ratio
1-for-1
Phantom stock linked to common stock
Deferral period
Minimum 1 year
Phantom shares immediately vested but deferred
Key Terms
Phantom Stock, Deferred Stock Compensation Plan, reinvestment feature
3 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
"under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors."
reinvestment feature financial
"Includes phantom stock acquired through the reinvestment feature under the DTE Energy Company Deferred Stock Compensation Plan"
FAQ
What did DTE Energy Co director Mark A. Murray report on this Form 4 for DTE?
Mark A. Murray reported receiving 1,230 Phantom Stock units as a grant. These units are tied 1-for-1 to DTE common stock and increase his total phantom stock holdings to 3,976.9 units under a deferred compensation plan.
How many Phantom Stock units does Mark A. Murray now hold at DTE Energy Co?
Following the latest grant, Mark A. Murray holds 3,976.9 Phantom Stock units. This total includes the newly granted 1,230 units and phantom stock previously acquired through the reinvestment feature of DTE’s Deferred Stock Compensation Plan.
What are the key terms of the Phantom Stock granted to Mark A. Murray at DTE Energy Co?
The Phantom Stock is granted on a 1-for-1 basis with DTE common stock. The phantom shares vest immediately but are subject to a minimum one-year deferral period under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors.
How was additional Phantom Stock previously acquired by Mark A. Murray at DTE Energy Co?
Some of Mark A. Murray’s Phantom Stock was acquired through a reinvestment feature. Under DTE’s Deferred Stock Compensation Plan for Non-Employee Directors, certain amounts can be reinvested to acquire additional phantom shares over time.