DTE Energy (NYSE: DTB) director granted 246.4 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DTE Energy director David Brandon received a grant of phantom stock as payment for director fees. On this date, he acquired 246.4 units of phantom stock tied 1-for-1 to DTE Energy common stock at a reference value of $147.12 per unit.
These phantom stock units are part of the DTE Energy Company Plan for Deferring the Payment of Non-Employee Director Fees and will be settled in cash on a future date selected under the plan. Including units acquired through the plan’s dividend reinvestment feature, Brandon now holds a total of 16,715.56 phantom stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRANDON DAVID
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Def Dir Fees) | 246.4 | $147.12 | $36K |
Holdings After Transaction:
Phantom Stock (Def Dir Fees) — 16,715.56 shares (Direct)
Footnotes (1)
- 1 for 1 Payment of Director Fees. The phantom stock will be settled for cash on a date selected by the reporting person as provided under the plan. Includes phantom stock acquired through the dividend reinvestment feature of the DTE Energy Company Plan for Deferring the Payment of Non-Employee Director Fees.
Key Figures
Phantom stock units granted: 246.4 units
Reference value per unit: $147.12 per unit
Total phantom units after grant: 16,715.56 units
+2 more
5 metrics
Phantom stock units granted
246.4 units
Director fee grant on 2026-04-01
Reference value per unit
$147.12 per unit
Phantom stock (Def Dir Fees)
Total phantom units after grant
16,715.56 units
Holdings following transaction
Conversion ratio
1 for 1
Phantom stock to common stock value linkage
Underlying security shares
246.4 shares
Underlying DTE Energy common stock equivalent
Key Terms
Phantom Stock (Def Dir Fees), settled for cash, dividend reinvestment feature, Plan for Deferring the Payment of Non-Employee Director Fees
4 terms
Phantom Stock (Def Dir Fees) financial
"security_title: "Phantom Stock (Def Dir Fees)""
settled for cash financial
"The phantom stock will be settled for cash on a date selected"
dividend reinvestment feature financial
"Includes phantom stock acquired through the dividend reinvestment feature"
Plan for Deferring the Payment of Non-Employee Director Fees financial
"DTE Energy Company Plan for Deferring the Payment of Non-Employee Director Fees"
FAQ
What did DTE Energy (DTB) director David Brandon report in this Form 4?
David Brandon reported receiving 246.4 phantom stock units as payment for director fees. These units are tied 1-for-1 to DTE Energy common stock and are part of the company’s non-employee director fee deferral plan.
How many phantom stock units does David Brandon hold after this DTE Energy (DTB) grant?
After the grant, David Brandon holds 16,715.56 phantom stock units. This total includes the newly granted 246.4 units and additional phantom stock acquired through the dividend reinvestment feature of DTE Energy’s non-employee director fee deferral plan.
What is the reference price for the new DTE Energy (DTB) phantom stock units?
The 246.4 phantom stock units were credited at a reference value of $147.12 per unit. Each unit is linked 1-for-1 to DTE Energy common stock value, but the award will ultimately be settled in cash under the deferral plan.
How and when will DTE Energy (DTB) phantom stock for director fees be settled?
The phantom stock will be settled in cash on a date chosen by the reporting person under the plan’s terms. Although tied to DTE Energy common stock value, these units are not actual shares and are paid out in cash when settlement occurs.
What plan governs the phantom stock reported by DTE Energy (DTB) director David Brandon?
The award is governed by the DTE Energy Company Plan for Deferring the Payment of Non-Employee Director Fees. This plan credits phantom stock for fees, includes a dividend reinvestment feature, and allows cash settlement on a date selected under its provisions.