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

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

TORGOW GARY reported acquisition or exercise transactions in this Form 4 filing.

DTE Energy director Gary Torgow received a grant of 1,230 phantom stock units on common stock. These units are immediately vested but must be deferred for at least one year under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors. After this award, his phantom stock balance is 7,136.11 units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider TORGOW GARY

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	1,230	$0.00	--

Holdings After Transaction: Phantom Stock — 7,136.11 shares (Direct, null)

Footnotes (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.

Key Figures

Phantom stock grant: 1,230 units Total phantom stock after grant: 7,136.11 units Transaction price per unit: $0.0000 +2 more

5 metrics

Phantom stock grant 1,230 units Grant/award acquisition on phantom stock dated 2026-05-07

Total phantom stock after grant 7,136.11 units Holdings following the reported transaction

Transaction price per unit $0.0000 Compensation grant, not an open-market purchase

Underlying common stock linkage 1 for 1 Each phantom unit corresponds to one common share

Minimum deferral period 1 year Units immediately vest but are deferred at least one year

Key Terms

Phantom Stock, Deferred Stock Compensation Plan, Non-Employee Directors, grant/award acquisition

4 terms

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."

Non-Employee Directors financial

"Deferred Stock Compensation Plan for Non-Employee Directors."

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 12:51 PM

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^*

TORGOW GARY

(Last)

(First)

(Middle)

ONE ENERGY PLAZA

1610 WCB

(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)
05/07/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	⁽¹⁾	05/07/2026		A		1,230		⁽²⁾	⁽²⁾	Common Stock	1,230	$0	7,136.11⁽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-Fact	05/11/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did DTE Energy (DTE) director Gary Torgow report?

Gary Torgow reported receiving 1,230 phantom stock units tied to DTE Energy common stock. The award is a compensation-related grant, not an open-market purchase or sale, and increases his total phantom stock holdings reported in this filing.

What is the size of Gary Torgow’s new phantom stock award at DTE Energy?

The new award is 1,230 phantom stock units linked to DTE Energy common shares. Each unit represents a one-for-one relationship with common stock, according to the filing footnote, and adds to previously accumulated phantom stock under the company’s deferred compensation plan.

How many phantom stock units does Gary Torgow hold after this Form 4 transaction?

Following the grant, Gary Torgow holds 7,136.11 phantom stock units. This total reflects the newly awarded 1,230 units plus prior phantom stock accumulated, including units acquired through the plan’s reinvestment feature described in the filing footnotes.

Are the newly granted DTE Energy phantom stock units immediately vested?

Yes, the phantom stock units are immediately vested according to the filing footnotes. However, they are subject to a minimum one-year deferral period, meaning payout or settlement is postponed under the company’s deferred stock compensation plan for non-employee directors.

What does one-for-one mean for DTE Energy phantom stock awarded to Gary Torgow?

The one-for-one notation means each phantom stock unit corresponds to one share of DTE Energy common stock. This relationship is disclosed in the footnotes, clarifying how phantom stock value aligns with the underlying common shares for compensation and tracking purposes.

Under which plan were Gary Torgow’s DTE Energy phantom shares acquired?

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