DT Midstream (DTM) CEO logs stock award and tax-share disposition

Rhea-AI Filing Summary

DT Midstream, Inc. executive chair and CEO David Slater reported equity compensation activity involving the company’s common stock. He acquired 135,165 shares at $0.00 per share as a grant/award, representing common stock earned from previously granted performance stock units after performance conditions were certified by the board committee.

On the same date, 63,190 shares were disposed of at $132.65 per share through a tax-withholding transaction to cover tax obligations by delivering shares rather than selling in the open market. Following these transactions, Slater directly owned 262,971.57 shares of DT Midstream common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Slater David

Role Exec. Chair and CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	135,165	$0.00	--
Tax Withholding	Common Stock	63,190	$132.65	$8.38M

Holdings After Transaction: Common Stock — 326,161.57 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Slater David

(Last) (First) (Middle)

500 WOODWARD AVE., SUITE 2900

(Street)

DETROIT MI 48226

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DT Midstream, Inc. [ DTM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Exec. Chair and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		A		135,165	A	$0(1)	326,161.57	D
Common Stock	02/17/2026		F		63,190	D	$132.65	262,971.57	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of the Issuer's common stock earned in respect of performance stock units, as certified by the Organization and Compensation Committee of the board of directors of the Issuer on February 17, 2026 based on achievement of the applicable performance conditions over the applicable performance period.

	/s/ Andrew Hayner, Attorney-in-Fact	02/19/2026
	** 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.

FAQ

What insider transactions did DTM CEO David Slater report on this Form 4?

David Slater reported a grant of 135,165 DT Midstream common shares at $0.00 per share and a separate disposition of 63,190 shares at $132.65 per share, executed as a tax-withholding transaction rather than an open-market sale.

How many DT Midstream (DTM) shares does David Slater own after this Form 4?

After the reported transactions, David Slater directly owns 262,971.57 DT Midstream common shares. This reflects both the equity award earned from performance stock units and the shares delivered to satisfy tax obligations tied to that compensation event.

Was the DTM Form 4 transaction by David Slater an open-market stock sale?

The Form 4 shows no open-market sale. The 63,190-share disposition at $132.65 per share is coded as a tax-withholding transaction, meaning shares were delivered to cover tax liabilities rather than sold at the insider’s discretion in the market.

What is the nature of the 135,165-share award reported by DTM CEO David Slater?

The 135,165 shares represent common stock earned from performance stock units. The board’s Organization and Compensation Committee certified the achievement of performance conditions over the applicable period, triggering this stock award at no cash cost per share to the executive.

How does the DTM Form 4 classify David Slater’s insider transaction directions?

The Form 4 reflects both acquisition and disposition directions. It records one grant or award acquisition of 135,165 common shares and one tax-withholding disposition of 63,190 shares, resulting in a mixed overall direction for this insider filing.

What role does the board committee play in David Slater’s DTM stock award?

The Organization and Compensation Committee of DT Midstream’s board certified performance results for the underlying performance stock units. Once performance over the applicable period was confirmed, the committee’s certification allowed the 135,165-share common stock award to be earned and reported.