STOCK TITAN

DTE Energy (DTE) director receives 1,230 phantom stock units in grant

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

Rhea-AI Filing Summary

DTE Energy director Charles G. McClure received a grant of 1,230 phantom stock units on May 7, 2026. These phantom shares are tied 1-for-1 to DTE Energy common stock and were awarded at a stated price of $0.00 as a compensation grant, not a market purchase.

The phantom stock is immediately vested but must be deferred for at least one year, meaning payout is postponed even though ownership is credited. Following this award, McClure holds a total of 3,976.9 phantom stock units, including amounts acquired through reinvestment under DTE Energy’s deferred stock compensation plan for non-employee directors.

Positive

  • None.

Negative

  • None.
Insider MCCLURE CHARLES G
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 to director on May 7, 2026
Phantom stock holdings after grant 3,976.9 units Total phantom stock units following transaction
Grant price per unit $0.00 per unit Compensation award, not open-market purchase
Conversion ratio 1-for-1 Each phantom unit corresponds to one common share
Deferral period Minimum 1 year Phantom shares vested but payout 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."
reinvestment feature financial
"Includes phantom stock acquired through the reinvestment feature under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors."
grant/award acquisition financial
"transaction_action: grant/award acquisition for 1,230 phantom stock units at $0.0000."
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*
MCCLURE CHARLES G

(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 insider transaction did DTE Energy (DTE) report for Charles G. McClure?

DTE Energy reported that director Charles G. McClure received 1,230 phantom stock units as a compensation grant. The award is a derivative, not an open-market trade, and increases his total phantom stock holdings to 3,976.9 units tied to DTE common stock.

Is the DTE Energy (DTE) phantom stock grant to Charles G. McClure a stock purchase?

No, the 1,230 phantom stock units granted to Charles G. McClure are a compensation award, not a market purchase. The Form 4 lists a grant/award acquisition with a price of $0.00 per unit, reflecting non-cash, compensation-related equity exposure rather than insider buying.

How many phantom stock units does Charles G. McClure hold after the DTE (DTE) grant?

After the grant, Charles G. McClure holds 3,976.9 phantom stock units. This total includes the new 1,230-unit award and phantom stock previously acquired through the reinvestment feature of DTE Energy’s deferred stock compensation plan for non-employee directors.

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

In this filing, 1-for-1 means each phantom stock unit corresponds to one share of DTE Energy common stock. The units track the value of the underlying shares for compensation purposes, but they are not themselves traded on the market like regular stock.

When do the DTE Energy (DTE) phantom shares granted to Charles G. McClure become payable?

The phantom shares are immediately vested but subject to at least a one-year deferral period. This means McClure’s right to the value is earned now, yet actual payout is postponed for a minimum of one year under the deferred compensation plan’s rules.

What plan governs the phantom stock reported in the DTE (DTE) Form 4 for Charles G. McClure?

The phantom stock is 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 credits additional units as amounts are reinvested.