Form 4: DT Midstream Director Angela N. Archon Acquires 500 Shares of Common Stock
SEC Form 4
Director Angela N. Archon purchased 500 shares of DT Midstream, Inc. common stock at an average price of $57.87 on March 1, 2024.
Summary
- On March 1, 2024, Angela N. Archon, a director of DT Midstream, Inc. (DTM), acquired 500 shares of the company's common stock.
- The shares were purchased at a weighted average price of $57.87.
- The price range for the multiple transactions was between $57.859 and $57.87, inclusive.
- Following the transaction, Ms. Archon directly owns 500 shares of DT Midstream, Inc.
Sentiment
Score: 5
Explanation: This is a routine disclosure of an insider transaction. It's neither overwhelmingly positive nor negative on its own.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. They can provide insights, but should be considered alongside other financial data and company news.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the transaction: Angela N. Archon purchased 500 shares of DT Midstream common stock. |
| 03/05/2024 | Date of signature: Andrew Hayner, Attorney-in-Fact, signed the Form 4 on behalf of Angela N. Archon. |
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