DT Midstream (DTM) director granted 1,093 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wilson Dwayne Andree reported acquisition or exercise transactions in this Form 4 filing.
DT Midstream, Inc. director Dwayne Andree Wilson received a grant of 1,093 restricted stock units as compensation. Each unit represents a contingent right to receive one share of DT Midstream common stock, with any fractional share settled in cash. These restricted stock units will vest on May 5, 2027, if he continues serving with the company through that date. Following this grant, his reported holdings for this award total 1,093 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wilson Dwayne Andree
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)
- 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 units
Post-grant RSU holdings: 1,093 units
Conversion ratio: 1 unit = 1 share
+1 more
4 metrics
RSUs granted
1,093 units
Restricted stock units granted to director on May 5, 2026
Post-grant RSU holdings
1,093 units
Total restricted stock units reported following this transaction
Conversion ratio
1 unit = 1 share
Each restricted stock unit equals one share of common stock
Vesting date
May 5, 2027
RSUs vest if service with issuer continues through this date
Key Terms
Restricted Stock Units, contingent right, vest
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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
"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.
FAQ
What insider transaction did Dwayne Andree Wilson report at DTM?
Dwayne Andree Wilson reported receiving 1,093 restricted stock units from DT Midstream as a compensation grant. These units are derivative awards tied to the company’s common stock and do not involve any open-market purchase or sale of shares.
How many DT Midstream restricted stock units were granted in this Form 4?
The Form 4 shows a grant of 1,093 restricted stock units to director Dwayne Andree Wilson. Each unit is linked to one share of DT Midstream common stock, with any fractional share settled in cash when delivered.
When do Dwayne Andree Wilson’s DT Midstream RSUs vest?
The restricted stock units granted to Dwayne Andree Wilson vest on May 5, 2027. Vesting is contingent on his continued service with DT Midstream through that vesting date, meaning the award must be held until then to fully earn the shares.
What does each DT Midstream restricted stock unit represent in this filing?
Each restricted stock unit represents a contingent right to receive one share of DT Midstream common stock. If the calculation results in fractional shares at settlement, those fractional amounts will be paid out in cash instead of partial shares.