How are DTE Energy phantom stock units related to common stock for directors?

DTE Energy’s phantom stock units for directors are credited on a 1-for-1 basis with common stock. This means each phantom unit reflects the value of one common share, providing equity-linked compensation while typically remaining cash-settled and deferred under the company’s director compensation plan.

DTE Energy (DTE) awards 1,230 phantom stock units to director Byers

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Byers Deborah L reported acquisition or exercise transactions in this Form 4 filing.

DTE Energy director Deborah L. Byers received a grant of 1,230 phantom stock units tied to DTE common stock. The phantom shares are credited on a 1-for-1 basis with common stock and are immediately vested, but subject to a minimum one-year deferral. Following this award and related reinvestments under the DTE Energy Deferred Stock Compensation Plan for Non-Employee Directors, Byers now holds a total of 3,976.9 phantom stock units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Byers Deborah L

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 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 holdings after grant: 3,976.9 units Grant price per unit: $0.00 +2 more

5 metrics

Phantom stock grant 1,230 units Grant of phantom stock on 2026-05-07

Total phantom holdings after grant 3,976.9 units Phantom stock held following transaction

Grant price per unit $0.00 Stated transaction price per phantom stock unit

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

Minimum deferral period 1 year Phantom shares vested but subject to at least one-year deferral

Key Terms

Phantom Stock, Deferred Stock Compensation Plan for Non-Employee Directors, 1 for 1, Grant, award, or other acquisition

4 terms

Phantom Stock financial

"security_title: "Phantom Stock""

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 for Non-Employee Directors financial

"Includes phantom stock acquired through the reinvestment feature under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors."

1 for 1 financial

"1 for 1"

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 12:52 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^*

Byers Deborah L

(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	3,976.9⁽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-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) report for Deborah L. Byers?

DTE Energy reported that director Deborah L. Byers received a grant of 1,230 phantom stock units. These units are linked 1-for-1 to DTE common stock and increase her total phantom holdings to 3,976.9 units under the company’s deferred stock compensation plan.

What is the size of Deborah L. Byers’ new phantom stock award at DTE Energy?

Deborah L. Byers was granted 1,230 phantom stock units at a stated price of $0.00 per unit. The award is part of director compensation and is tied 1-for-1 to DTE common stock value, with settlement deferred for at least one year.

How many phantom stock units does Deborah L. Byers hold after this DTE Energy grant?

After this transaction, Deborah L. Byers holds 3,976.9 phantom stock units. This total includes the newly granted 1,230 units and additional phantom stock acquired through the reinvestment feature of DTE Energy’s Deferred Stock Compensation Plan for Non-Employee Directors.

Are Deborah L. Byers’ phantom stock units at DTE Energy immediately vested?

Yes, the phantom stock units granted to Deborah L. Byers are immediately vested. However, they are subject to a minimum one-year deferral period before any payout, consistent with DTE Energy’s Deferred Stock Compensation Plan for Non-Employee Directors as described in the transaction footnotes.