DT Midstream (DTM) awards 5,287 restricted stock units to its CFO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jewell Jeffrey A reported acquisition or exercise transactions in this Form 4 filing.
DT Midstream, Inc. granted Executive V.P. and CFO Jeffrey A. Jewell 5,287 restricted stock units on February 20, 2026. Each unit represents one share of common stock, with fractional shares paid in cash. The award vests on February 20, 2029 and includes dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jewell Jeffrey A
Role
Executive V.P., CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,287 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,287 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.
FAQ
What insider transaction did DT Midstream (DTM) report for Jeffrey A. Jewell?
DT Midstream granted Executive V.P. and CFO Jeffrey A. Jewell 5,287 restricted stock units. The award was made on February 20, 2026 and represents a form of equity-based compensation tied to the company’s common stock, rather than an open-market share purchase or sale.
How many restricted stock units did DT Midstream (DTM) grant to its CFO?
DT Midstream granted its CFO, Jeffrey A. Jewell, 5,287 restricted stock units. Each unit is a contingent right to receive one share of DT Midstream common stock, with any fractional share settled in cash, aligning the executive’s compensation with shareholder value over time.
When do Jeffrey A. Jewell’s DT Midstream (DTM) restricted stock units vest?
The 5,287 restricted stock units granted to Jeffrey A. Jewell vest on February 20, 2029. Vesting is contingent on his continued service with DT Midstream through that date, making this a long-term incentive that encourages retention and alignment with multi‑year company performance.
What does each DT Midstream (DTM) restricted stock unit granted to the CFO represent?
Each restricted stock unit granted to the CFO represents a contingent right to receive one share of DT Midstream common stock. Any fractional shares will be paid in cash, providing a clear one-to-one linkage between units and potential future share ownership upon vesting.
Do DT Midstream (DTM) restricted stock units granted to the CFO include dividend equivalents?
Yes, the restricted stock units granted to the CFO include associated dividend equivalents. These are provided under DT Midstream’s long-term incentive plan, allowing the holder to receive value linked to dividends declared on the common stock during the vesting period, enhancing compensation alignment.
Is Jeffrey A. Jewell’s ownership in DT Midstream (DTM) from this grant direct or indirect?
The ownership from this restricted stock unit grant is classified as direct. Following the grant of 5,287 restricted stock units, Jewell’s total directly held derivative securities of this type is 5,287 units, all subject to vesting on February 20, 2029 under the plan’s conditions.