DT Midstream discloses VP Mehl's RSU holdings
DT Midstream’s Sr. VP, Project Execution & Operations, reports multiple time-vested RSU awards and a small indirect shareholding held by his son on an initial Form 3.
Rhea-AI Filing Summary
DT Midstream, Inc. (DTM) reported the initial equity holdings of officer Garrett Jacob Mehl, Sr. VP, Project Execution & Operations, on a Form 3. He holds several grants of restricted stock units (RSUs) that each represent a contingent right to receive one share of common stock, with any fractional share paid in cash.
The RSUs cover 777.314 underlying shares that vest on February 15, 2027, 405.225 underlying shares that vest on February 25, 2028, 2,445.84 underlying shares that vest in tranches on March 5, 2027, March 5, 2028 and March 5, 2029, and 645.135 underlying shares that vest on February 20, 2029, in each case subject to his continued employment and including associated dividend equivalents under DT Midstream’s long-term incentive plan. The filing also notes an indirect holding of 0.241 common shares held by his son, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Mehl Garrett Jacob
Role
Sr. VP, Proj. Execution & Ops.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units F4, F2, F3 | -- | -- | -- |
| holding | Restricted Stock Units F4, F5, F3 | -- | -- | -- |
| holding | Restricted Stock Units F4, F6, F3 | -- | -- | -- |
| holding | Restricted Stock Units F4, F7, F3 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,273.514 contracts (Direct);
Common Stock — 0.241 shares (Indirect, By son)
Footnotes (7)
- F1. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F2. Restricted stock units vest on February 15, 2027, subject to the Reporting Person's continued employment with the Issuer through the vesting date.
- F3. Includes associated dividend equivalents under the Issuer's long-term incentive plan.
- F4. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock with any fractional shares being paid in cash.
- F5. Restricted stock units vest on February 25, 2028, subject to the Reporting Person's continued employment with the Issuer through the vesting date.
- F6. Restricted stock units of which 815 vest on March 5, 2027, 815 vest on March 5, 2028 and 815.840 vest on March 5, 2029, together with associated dividend equivalents, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting dates.
- F7. Restricted stock units vest on February 20, 2029, subject to the Reporting Person's continued employment with the Issuer through the vesting date.
Key Figures
RSUs vesting February 15, 2027: 777.314 underlying shares
RSUs vesting February 25, 2028: 405.225 underlying shares
RSUs vesting March 5, 2027–2029: 2,445.84 underlying shares
+2 more
5 metrics
RSUs vesting February 15, 2027
777.314 underlying shares
Restricted stock units vesting on February 15, 2027, subject to continued employment
RSUs vesting February 25, 2028
405.225 underlying shares
Restricted stock units vesting on February 25, 2028, subject to continued employment
RSUs vesting March 5, 2027–2029
2,445.84 underlying shares
RSUs of which 815 vest March 5, 2027; 815 vest March 5, 2028; 815.84 vest March 5, 2029
RSUs vesting February 20, 2029
645.135 underlying shares
Restricted stock units vesting on February 20, 2029, subject to continued employment
Indirect common shares held by son
0.241 shares
Indirect ownership attributed to reporting person’s son; beneficial ownership disclaimed
Key Terms
Restricted stock units, dividend equivalents, beneficial ownership, long-term incentive plan
4 terms
Restricted stock units financial
"Restricted stock units vest on February 15, 2027, subject to the Reporting Person's"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"Includes associated dividend equivalents under the Issuer's long-term incentive plan."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of these securities, and this report"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
long-term incentive plan financial
"Includes associated dividend equivalents under the Issuer's long-term incentive plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who is the reporting insider in DT Midstream (DTM)’s Form 3?
The reporting insider is Garrett Jacob Mehl, who serves as Sr. VP, Project Execution & Ops. at DT Midstream, Inc. The Form 3 discloses his initial beneficial ownership of restricted stock units and a small indirect common stock holding.
What RSU grant vesting on February 15, 2027 is reported for DTM?
The filing reports restricted stock units covering 777.314 underlying shares of DT Midstream common stock that vest on February 15, 2027, subject to Garrett Mehl’s continued employment with the company through that vesting date.
What is the largest RSU position disclosed in this DTM Form 3?
The largest RSU position covers 2,445.84 underlying shares of DT Midstream common stock. Of these, 815 vest on March 5, 2027, 815 vest on March 5, 2028, and 815.84 vest on March 5, 2029, all subject to continued employment and including dividend equivalents.
Are dividend equivalents included in the DTM RSU awards?
Yes. The Form 3 states that the RSU holdings include associated dividend equivalents under DT Midstream’s long-term incentive plan, meaning additional units accrue in connection with dividends declared on the underlying common stock.
What indirect common stock holding is reported for DTM in this Form 3?
An indirect holding of 0.241 shares of DT Midstream common stock is reported as held by the reporting person’s son. The reporting person disclaims beneficial ownership of these securities for purposes of Section 16 and for any other purpose.
Do the RSUs in DTM’s Form 3 convert into common stock automatically?
Each restricted stock unit represents a contingent right to receive one share of DT Midstream common stock, with any fractional shares paid in cash, upon vesting and subject to the reporting person’s continued employment through the applicable vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
