[Form 4] DTE ENERGY CO Insider Trading Activity
Brandon David, a director of DTE Energy Company, reported an acquisition of 174.8 units of phantom stock on 10/01/2025 as payment of director fees. The report states the phantom units have an equivalent value based on $140.16 per share and will be settled for cash on a date selected by the reporting person under the plan. Following the transaction, the reporting person beneficially owned 15,931.6 shares (including phantom units acquired via a dividend reinvestment feature). The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Brandon David, un direttore di DTE Energy Company, ha riferito di un acquisto di 174,8 unità di azioni fantasma in data 10/01/2025 come pagamento delle commissioni da direttore. Il rapporto indica che le unità fantasma hanno un valore equivalente basato su $140.16 per azione e saranno liquidate in contanti in una data scelta dal soggetto che presenta la relazione ai sensi del piano. Dopo la transazione, il soggetto che presenta la relazione deteneva beneficiariamente 15,931.6 azioni (inclusi unità fantasma acquisite tramite una funzione di reinvestimento dei dividendi). Il Form 4 è stato firmato da un procuratore il 10/02/2025.
Brandon David, un director de DTE Energy Company, informó la adquisición de 174,8 unidades de acciones fantasma el 01/10/2025 como pago de honorarios de director. El informe señala que las unidades fantasma tienen un valor equivalente basado en $140.16 por acción y se liquidarán en efectivo en una fecha elegida por la persona que reporta conforme al plan. Después de la transacción, la persona que reporta poseía beneficiariamente 15,931.6 acciones (incluidas unidades fantasma adquiridas mediante una función de reinversión de dividendos). El Formulario 4 fue firmado por un apoderado el 10/02/2025.
Brandon David, DTE Energy Company의 이사,는 2025년 10월 1일에 이사 보수로 현금 지급되는 팬텀 주식 174.8 단위를 취득했다고 보고했습니다. 보고서는 팬텀 유닛이 주당 $140.16의 가치에 상응하며 계획에 따라 보고하는 사람이 선정한 날짜에 현금으로 결제될 것임을 명시합니다. 거래 후 보고자는 배당 재투자 기능을 통해 취득한 팬텀 유닛을 포함하여 실질적으로 15,931.6주를 보유하게 되었습니다. Form 4는 2025년 10월 2일에 대리인이 서명했습니다.
Brandon David, administrateur de DTE Energy Company, a signalé l'acquisition de 174,8 unités d'actions fictives le 01/10/2025, en paiement des frais d'administrateur. Le rapport indique que les unités fictives ont une valeur équivalente basée sur $140.16 par action et seront réglées en espèces à une date choisie par la personne qui déclare selon le plan. Suite à la transaction, la personne déclarante détenait bénévolement 15 931,6 actions (y compris les unités fictives acquises via une fonction de réinvestissement des dividendes). Le Formulaire 4 a été signé par un mandataire le 10/02/2025.
Brandon David, ein Direktor von DTE Energy Company, meldete am 01.10.2025 den Erwerb von 174,8 Phantomaktieneinheiten als Bezahlung von Direktorenhonoraren. Der Bericht gibt an, dass die Phantomaktien aufgrund von $140.16 pro Aktie einen gleichwertigen Wert haben und zu einem vom meldenden Amtsträger ausgewählten Datum gemäß dem Plan gegen Bar abgewickelt werden. Nach der Transaktion besaß der meldende Amtsträger vorteilhaft 15.931,6 Aktien (einschließlich Phantomaktien, die über eine Dividenden-Reinvestitionsfunktion erworben wurden). Das Formular 4 wurde von einem Bevollmächtigten am 10/02/2025 unterzeichnet.
براندون ديفيد، مدير في شركة DTE Energy، أفاد بالاستحواذ على 174.8 وحدة من الأسهم الوهمية بتاريخ 01/10/2025 كدفع لرسوم المديرين. يشير التقرير إلى أن الوحدات الوهمية لها قيمة مكافئة تستند إلى $140.16 دولارًا للسهم، وسيتم تسويتها نقدًا في تاريخ يحدده الشخص المبلغ وفقًا للخطة. عقب الصفقة، أصبح الشخص المبلغ عنه يملك بشكل مستفيد 15,931.6 سهمًا (بما في ذلك الوحدات الوهمية التي تم الحصول عليها من خلال ميزة إعادة استثمار الأرباح). تم توقيع النموذج 4 من قبل وكيل قانوني في 10/02/2025.
Brandon David，DTE Energy Company 的董事，已在 2025/10/01 报告以董事酬金形式取得 174.8 单位的幻影股票。 报告指出幻影单位的等值基于每股 $140.16，将按计划由报告人选择的日期以现金结清。交易完成后，报告人实际拥有 15,931.6 股（包括通过股息再投资功能获得的幻影单位）。Form 4 于 2025/10/02 由代理人签署。
- Director compensation disclosed transparently with specific unit count and per-share value
- Phantom units include dividend reinvestment, indicating active plan features for non-employee directors
- None.
Insights
TL;DR Director received phantom stock as non-employee director compensation, settled in cash per plan terms.
The filing documents a routine director compensation event: 174.8 phantom units were acquired as payment of director fees and will be cash-settled. The transaction increases the reporting person's beneficial exposure to the issuer to 15,931.6 shares when counting underlying phantom units and reinvested dividends. This is a disclosure of standard equity-based compensation for non-employee directors and does not indicate open-market trading activity.
TL;DR Phantom stock issued for director fees at a stated per-share value; includes dividend reinvestment feature.
The Form 4 shows the company uses phantom stock to compensate non-employee directors, with units valued at $140.16 per share for this grant of 174.8 units. The filing notes the units are eligible for cash settlement and that additional phantom units were acquired via the plan's dividend reinvestment feature. This is consistent with deferred cash-based director pay practices.
Brandon David, un direttore di DTE Energy Company, ha riferito di un acquisto di 174,8 unità di azioni fantasma in data 10/01/2025 come pagamento delle commissioni da direttore. Il rapporto indica che le unità fantasma hanno un valore equivalente basato su $140.16 per azione e saranno liquidate in contanti in una data scelta dal soggetto che presenta la relazione ai sensi del piano. Dopo la transazione, il soggetto che presenta la relazione deteneva beneficiariamente 15,931.6 azioni (inclusi unità fantasma acquisite tramite una funzione di reinvestimento dei dividendi). Il Form 4 è stato firmato da un procuratore il 10/02/2025.
Brandon David, un director de DTE Energy Company, informó la adquisición de 174,8 unidades de acciones fantasma el 01/10/2025 como pago de honorarios de director. El informe señala que las unidades fantasma tienen un valor equivalente basado en $140.16 por acción y se liquidarán en efectivo en una fecha elegida por la persona que reporta conforme al plan. Después de la transacción, la persona que reporta poseía beneficiariamente 15,931.6 acciones (incluidas unidades fantasma adquiridas mediante una función de reinversión de dividendos). El Formulario 4 fue firmado por un apoderado el 10/02/2025.
Brandon David, DTE Energy Company의 이사,는 2025년 10월 1일에 이사 보수로 현금 지급되는 팬텀 주식 174.8 단위를 취득했다고 보고했습니다. 보고서는 팬텀 유닛이 주당 $140.16의 가치에 상응하며 계획에 따라 보고하는 사람이 선정한 날짜에 현금으로 결제될 것임을 명시합니다. 거래 후 보고자는 배당 재투자 기능을 통해 취득한 팬텀 유닛을 포함하여 실질적으로 15,931.6주를 보유하게 되었습니다. Form 4는 2025년 10월 2일에 대리인이 서명했습니다.
Brandon David, administrateur de DTE Energy Company, a signalé l'acquisition de 174,8 unités d'actions fictives le 01/10/2025, en paiement des frais d'administrateur. Le rapport indique que les unités fictives ont une valeur équivalente basée sur $140.16 par action et seront réglées en espèces à une date choisie par la personne qui déclare selon le plan. Suite à la transaction, la personne déclarante détenait bénévolement 15 931,6 actions (y compris les unités fictives acquises via une fonction de réinvestissement des dividendes). Le Formulaire 4 a été signé par un mandataire le 10/02/2025.
Brandon David, ein Direktor von DTE Energy Company, meldete am 01.10.2025 den Erwerb von 174,8 Phantomaktieneinheiten als Bezahlung von Direktorenhonoraren. Der Bericht gibt an, dass die Phantomaktien aufgrund von $140.16 pro Aktie einen gleichwertigen Wert haben und zu einem vom meldenden Amtsträger ausgewählten Datum gemäß dem Plan gegen Bar abgewickelt werden. Nach der Transaktion besaß der meldende Amtsträger vorteilhaft 15.931,6 Aktien (einschließlich Phantomaktien, die über eine Dividenden-Reinvestitionsfunktion erworben wurden). Das Formular 4 wurde von einem Bevollmächtigten am 10/02/2025 unterzeichnet.
FAQ
Who filed this Form 4 for DTE Energy (DTE)?
What transaction is reported on the Form 4 dated 10/01/2025?
What is the stated per-share value for the phantom stock in this filing?
How many shares does the reporting person beneficially own after the transaction?
Will the phantom stock be settled for stock or cash?
