DT Midstream (DTM) COO awarded 5,853 restricted stock units vesting in 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zona Christopher reported acquisition or exercise transactions in this Form 4 filing.
DT Midstream, Inc. reported that President and Chief Operating Officer Christopher Zona received a grant of 5,853 restricted stock units. Each unit represents a contingent right to receive one share of common stock, with any fractional shares settled in cash.
The restricted stock units will vest on February 20, 2029, as long as Zona continues his service with the company through that date. The award also provides associated dividend equivalents under DT Midstream’s long-term incentive plan, aligning a portion of his compensation with future shareholder returns.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zona Christopher
Role
President and Chief Oper. Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,853 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,853 shares (Direct)
Footnotes (1)
- 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. This restricted stock unit will vest on February 20, 2029, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date and provides for associated dividend equivalents under the Issuer's long-term incentive plan.