DTE Energy director granted phantom stock units
DTE Energy director David Brandon received a grant of phantom stock as payment for director fees.
Sentiment and the balance of points
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Rhea-AI Filing Summary
DTE Energy director David Brandon received a grant of phantom stock as payment for director fees. On this date, he acquired 246.4 units of phantom stock tied 1-for-1 to DTE Energy common stock at a reference value of $147.12 per unit.
These phantom stock units are part of the DTE Energy Company Plan for Deferring the Payment of Non-Employee Director Fees and will be settled in cash on a future date selected under the plan. Including units acquired through the plan’s dividend reinvestment feature, Brandon now holds a total of 16,715.56 phantom stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Def Dir Fees) | 246.4 | $147.12 | $36K |
Footnotes (3)
- F1. 1 for 1
- F2. 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.
- F3. 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
Key Terms
Phantom Stock (Def Dir Fees) financial
settled for cash financial
dividend reinvestment feature financial
Plan for Deferring the Payment of Non-Employee Director Fees financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DTE Energy (DTB) director David Brandon report in this Form 4?
How many phantom stock units does David Brandon hold after this DTE Energy (DTB) grant?
What is the reference price for the new DTE Energy (DTB) phantom stock units?
How and when will DTE Energy (DTB) phantom stock for director fees be settled?
What plan governs the phantom stock reported by DTE Energy (DTB) director David Brandon?
AI-generated analysis. How Rhea-AI works. Not financial advice.