DTE ENERGY CO (DTE) director receives phantom stock award for fees

Rhea-AI Filing Summary

DTE ENERGY CO director David Brandon reported a grant of phantom stock units as payment of director fees. On this Form 4, he acquired 240.75 phantom stock units tied to DTE common stock, with a reference price of $150.57 per unit. The phantom stock is linked 1-for-1 to common shares and will be settled in cash on a future date he selects under the company’s non-employee director fee deferral plan. Following this grant, his total phantom stock balance under the plan is 17,087.06 units, including amounts accumulated through dividend reinvestment.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BRANDON DAVID

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock (Def Dir Fees)	240.75	$150.57	$36K

Holdings After Transaction: Phantom Stock (Def Dir Fees) — 17,087.06 shares (Direct, null)

Footnotes (1)

1. 1 for 1 Payment of Director Fees. The phantom stock will be settled for cash on a date selected by the reporting person as provided under the plan. Includes phantom stock acquired through the dividend reinvestment feature of the DTE Energy Company Plan for Deferring the Payment of Non-Employee Director Fees.

Key Figures

Phantom stock units granted: 240.75 units Reference price per unit: $150.57 per unit Total phantom stock holdings: 17,087.06 units +2 more

5 metrics

Phantom stock units granted 240.75 units Grant of phantom stock as director fees on 2026-07-01

Reference price per unit $150.57 per unit Grant price for phantom stock units

Total phantom stock holdings 17,087.06 units Phantom stock balance following reported transaction

Conversion ratio 1 for 1 Each phantom stock unit tracks one DTE common share

Underlying security 240.75 shares Underlying DTE common stock tied to new phantom stock units

Key Terms

Phantom Stock (Def Dir Fees), Payment of Director Fees, settled for cash, dividend reinvestment feature, +1 more

5 terms

Phantom Stock (Def Dir Fees) financial

"security_title: Phantom Stock (Def Dir Fees)"

Payment of Director Fees financial

"Payment of Director Fees. The phantom stock will be settled for cash"

settled for cash financial

"The phantom stock will be settled for cash on a date selected"

dividend reinvestment feature financial

"Includes phantom stock acquired through the dividend reinvestment feature"

Plan for Deferring the Payment of Non-Employee Director Fees financial

"DTE Energy Company Plan for Deferring the Payment of Non-Employee Director Fees"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 10:17 AM Accepted by SEC EDGAR 07/02/2026 - 10:17 AM Learn about SEC filing dates

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^*

BRANDON DAVID

(Last) (First) (Middle)

ONE ENERGY PLAZA

(Street)

DETROIT MICHIGAN 48226

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock (Def Dir Fees)	(1)	07/01/2026		A		240.75		(2)	(2)	Common Stock	240.75	$150.57	17,087.06(3)	D

Explanation of Responses:

1. 1 for 1

2. Payment of Director Fees. The phantom stock will be settled for cash on a date selected by the reporting person as provided under the plan.

3. Includes phantom stock acquired through the dividend reinvestment feature of the DTE Energy Company Plan for Deferring the Payment of Non-Employee Director Fees.

Remarks:

	/s/Todd A. Richards, Attorney-in-Fact	07/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did David Brandon report in his latest DTE ENERGY CO (DTE) Form 4?

David Brandon reported receiving 240.75 phantom stock units as payment of director fees. These units are tied 1-for-1 to DTE common stock and increase his total phantom stock holdings under the company’s non-employee director fee deferral plan to 17,087.06 units.

How many phantom stock units does David Brandon now hold at DTE ENERGY CO?

After the reported grant, David Brandon holds 17,087.06 phantom stock units. This figure includes the newly granted 240.75 units and additional phantom stock accumulated through the dividend reinvestment feature of DTE Energy’s plan for deferring non-employee director fees.

What is the nature of the phantom stock granted to David Brandon at DTE ENERGY CO?

The phantom stock represents deferred director fees credited as units tracking DTE common stock on a 1-for-1 basis. According to the plan, these phantom stock units will be settled in cash on a date chosen by David Brandon, rather than delivering actual shares.

At what reference price were David Brandon’s DTE phantom stock units recorded?

The 240.75 phantom stock units were recorded at a reference price of $150.57 per unit. This price is used for the grant entry and reflects the value attributed to each unit tied to DTE common stock for this compensation-related transaction.

Is David Brandon’s DTE ENERGY CO Form 4 transaction an open-market trade?

No, the transaction reflects a grant of phantom stock as payment of director fees, not an open-market purchase or sale. The Form 4 shows an acquisition coded as a grant or award, with future settlement in cash under the company’s non-employee director fee deferral plan.