Director at DT Midstream (NYSE: DTM) awarded 1,093 RSUs vesting 2027

Rhea-AI Filing Summary

Baker Stephen W reported acquisition or exercise transactions in this Form 4 filing.

DT Midstream, Inc. director Stephen W. Baker received a grant of 1,093 restricted stock units as equity compensation. Each unit represents a contingent right to receive one share of DT Midstream common stock, with any fractional share paid in cash. These restricted stock units vest on May 5, 2027, as long as he continues serving with the company through that date. Following this grant, he holds 1,093 restricted stock units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Baker Stephen W

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,093	$0.00	--

Holdings After Transaction: Restricted Stock Units — 1,093 shares (Direct, null)

Footnotes (1)

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 May 5, 2027, subject to the Reporting Person's continued service with the Issuer through the vesting date.

Key Figures

RSUs granted: 1,093 restricted stock units Underlying common shares: 1,093 shares Vesting date: May 5, 2027 +1 more

4 metrics

RSUs granted 1,093 restricted stock units Equity award to director on May 5, 2026

Underlying common shares 1,093 shares Each RSU represents one share of common stock

Vesting date May 5, 2027 RSUs vest subject to continued service

Grant price $0.00 per unit Compensation award, no cash paid by director

Key Terms

Restricted Stock Units, contingent right, vesting, fractional shares being paid in cash

4 terms

Restricted Stock Units financial

"The security title reported is "Restricted Stock Units" as equity compensation."

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.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share."

vesting financial

"This restricted stock unit will vest on May 5, 2027, subject to service."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

fractional shares being paid in cash financial

"Any fractional shares resulting from RSUs will be paid in cash."

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^*

Baker Stephen W

(Last) (First) (Middle)

500 WOODWARD AVE., 29TH FLOOR

(Street)

DETROIT MICHIGAN 48226

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

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)
			Code	V	Amount	(A) or (D)	Price

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
Restricted Stock Units	(1)	05/05/2026		A		1,093		(2)	(2)	Common Stock	1,093	$0	1,093	D

Explanation of Responses:

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.

2. This restricted stock unit will vest on May 5, 2027, subject to the Reporting Person's continued service with the Issuer through the vesting date.

	/s/ Andrew Hayner, Attorney-in-Fact	05/07/2026
	** 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)

FAQ

What insider transaction did DT Midstream (DTM) report for Stephen W. Baker?

DT Midstream reported that director Stephen W. Baker received 1,093 restricted stock units as an equity grant. These units were awarded at no cash cost and represent compensation tied to future delivery of common shares, subject to vesting conditions.

How many DT Midstream (DTM) restricted stock units were granted to the director?

Stephen W. Baker was granted 1,093 restricted stock units. Each unit is linked to one share of DT Midstream common stock, with fractional shares settled in cash, giving him a contingent claim on an equivalent number of common shares at vesting.

When do the newly granted DT Midstream (DTM) restricted stock units vest?

The granted restricted stock units are scheduled to vest on May 5, 2027. Vesting is conditioned on Stephen W. Baker’s continued service with DT Midstream through that date, aligning his compensation with longer-term company performance and tenure.

What does each DT Midstream (DTM) restricted stock unit represent for the holder?

Each restricted stock unit represents a contingent right to receive one share of DT Midstream common stock. If the calculation results in a fractional share at settlement, that portion will be paid in cash rather than issuing a partial share.

How many DT Midstream (DTM) restricted stock units does Stephen W. Baker hold after this grant?

After this transaction, Stephen W. Baker holds 1,093 restricted stock units directly. This figure reflects the total units reported following the award, as shown in the post-transaction holdings data in the insider transaction disclosure.