STOCK TITAN

DTE Energy (NYSE: DTE) director receives 1,230 phantom stock units as compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Thomas David A reported acquisition or exercise transactions in this Form 4 filing.

DTE Energy director David A. Thomas received a compensation-related grant of phantom stock. On May 7, 2026, he was awarded 1,230 phantom stock units tied on a 1-for-1 basis to DTE Energy common shares. This increased his phantom stock holdings to 3,976.9 units.

The phantom shares are immediately vested but must be deferred for at least one year, reflecting a long-term, non-cash compensation arrangement under DTE Energy's Deferred Stock Compensation Plan for non-employee directors.

Positive

  • None.

Negative

  • None.
Insider Thomas David 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. 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.
Phantom stock granted 1,230 units Grant on May 7, 2026 to non-employee director
Phantom stock holdings after grant 3,976.9 units Total phantom stock following May 7, 2026 award
Grant price per unit $0.00 Compensation award, not open-market purchase
Underlying common stock linkage 1-for-1 Each phantom unit corresponds to one common share
Minimum deferral period 1 year Phantom shares immediately vested but deferred
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."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
underlying security financial
"underlying_security_title: Common Stock"
SEC Form 4
FORM 4UNITED 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*
Thomas David A

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock(1)05/07/2026A1,230 (2) (2)Common Stock1,230$03,976.9(3)D
Explanation of Responses:
1. 1 for 1
2. The phantom shares are immediately vested, but subject to a minimum 1-year deferral.
3. Includes phantom stock acquired through the reinvestment feature under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors.
Remarks:
/s/Todd A. Richards, Attorney-in-Fact05/11/2026
** Signature of Reporting PersonDate
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 DTE Energy director David A. Thomas report on this Form 4 for DTE?

David A. Thomas reported receiving 1,230 phantom stock units tied to DTE Energy common stock. This was a grant under a deferred compensation plan for non-employee directors and represents non-cash, equity-linked compensation rather than an open-market purchase or sale of shares.

How many phantom stock units does David A. Thomas now hold at DTE Energy?

After the May 7, 2026 grant, David A. Thomas holds a total of 3,976.9 phantom stock units. These units are linked on a 1-for-1 basis to DTE Energy common stock, providing equity-based exposure as part of his director compensation package.

Is the DTE Energy phantom stock granted to David A. Thomas immediately vested?

Yes, the phantom stock granted to David A. Thomas is immediately vested. However, it is subject to a minimum one-year deferral period, meaning payout or settlement is delayed, aligning his compensation more closely with DTE Energy’s longer-term performance and governance objectives.

What does 1-for-1 phantom stock mean in the DTE Energy Form 4 filing?

In this DTE Energy Form 4, 1-for-1 means each phantom stock unit corresponds to one share of DTE Energy common stock. While not actual shares, the phantom units mirror the value of common stock, providing stock-linked economic exposure without immediate share issuance.

Under which plan were the DTE Energy phantom shares for David A. Thomas granted?

The phantom shares are held under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors. The filing notes that the total includes phantom stock acquired through the plan’s reinvestment feature, which accumulates additional units over time.