STOCK TITAN

DT Midstream (DTM) director boosts equity stake through RSU grant and vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DT Midstream, Inc. director Angela N. Archon increased her equity-based holdings through RSU activity and a new award. On May 6, 2026, 1,145 restricted stock units converted into an equal number of common shares, contributing to a direct holding of 6,073 common shares, which includes shares acquired under the company’s dividend reinvestment plan.

On May 5, 2026, Archon received a new grant of 1,093 restricted stock units, each representing a contingent right to one share of common stock, scheduled to vest on May 5, 2027, subject to continued service. The filing shows only equity awards and conversions, with no open‑market purchases or sales.

Positive

  • None.

Negative

  • None.

Insights

Director added to equity exposure through RSU vesting and a new grant, with no share sales.

The filing shows Angela N. Archon, a director of DT Midstream, Inc., receiving 1,093 restricted stock units on May 5, 2026 and having 1,145 units vest into common stock on May 6, 2026. These are standard equity compensation mechanisms rather than market trades.

After the vesting, Archon directly holds 6,073 common shares, a figure that includes shares acquired under the dividend reinvestment plan. With no sales reported and no remaining derivative positions listed, this looks like routine compensation and vesting activity, carrying limited signaling value beyond confirming continued equity-based alignment.

Insider Archon Angela N
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 1,145 $0.00 --
Exercise Common Stock 1,178 $0.00 --
Grant/Award Restricted Stock Units 1,093 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 6,073 shares (Direct, null)
Footnotes (1)
  1. Includes shares of the Issuer's common stock acquired under the Issuer's dividend reinvestment plan. 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. This restricted stock unit vested on May 6, 2026.
RSUs vested to common 1,145 shares Restricted stock units converted to common stock on May 6, 2026
New RSU grant 1,093 units Restricted stock units granted on May 5, 2026
Common shares held 6,073 shares Direct DT Midstream common stock holdings following transactions
Exercise/Conversion price $0.00 per unit Reported for RSU conversion and grant transactions
dividend reinvestment plan financial
"Includes shares of the Issuer's common stock acquired under the Issuer's dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock"
vest financial
"This restricted stock unit will vest on May 5, 2027, subject to the Reporting Person's continued service"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
SEC Form 4
FORM 4UNITED 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*
Archon Angela N

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026M1,178(1)A(2)6,073(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)05/05/2026A1,093 (3) (3)Common Stock1,093$01,093D
Restricted Stock Units(2)05/06/2026M1,145 (4) (4)Common Stock1,145$00D
Explanation of Responses:
1. Includes shares of the Issuer's common stock acquired under the Issuer's dividend reinvestment plan.
2. 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.
3. 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.
4. This restricted stock unit vested on May 6, 2026.
/s/ Andrew Hayner, Attorney-in-Fact05/07/2026
** Signature of Reporting PersonDate
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 transactions did DT Midstream (DTM) director Angela Archon report?

Angela Archon reported RSU-related acquisitions only. 1,145 restricted stock units vested into common stock on May 6, 2026, and she received a new grant of 1,093 restricted stock units on May 5, 2026, with no open-market share sales disclosed.

How many DT Midstream (DTM) shares does Angela Archon hold after these transactions?

After the reported vesting, Angela Archon directly holds 6,073 shares of DT Midstream common stock. This total includes shares acquired through the company’s dividend reinvestment plan, as noted in the footnotes to the filing.

What are the terms of Angela Archon’s new restricted stock unit grant at DT Midstream (DTM)?

Archon received 1,093 restricted stock units on May 5, 2026. Each unit represents a contingent right to receive one share of DT Midstream common stock, with the award scheduled to vest on May 5, 2027, subject to her continued service with the company.

Did Angela Archon sell any DT Midstream (DTM) shares in this Form 4 filing?

No sales were reported. The Form 4 reflects an RSU grant and the vesting and conversion of restricted stock units into common shares, with no open-market purchases or dispositions of DT Midstream stock disclosed in the transactions.

How do the RSU conversions affect Angela Archon’s DT Midstream (DTM) equity position?

The vesting of 1,145 restricted stock units on May 6, 2026, increased Archon’s direct common stock holdings to 6,073 shares. This shifts part of her compensation from contingent RSUs into actual common shares, modestly increasing her direct equity exposure.