Form 4: DT Midstream Director Angela N. Archon Reports Stock Transactions

Director Angela N. Archon reports acquisition and disposal of DT Midstream, Inc. common stock and vesting of restricted stock units.

Summary

• On May 5, 2024, Angela N. Archon, a director of DT Midstream, Inc. [DTM], reported transactions involving the company's stock.
• Archon acquired 2,576 shares of common stock through a dividend reinvestment plan.
• She also had 2,451 restricted stock units vest on the same date, each representing a contingent right to receive one share of DT Midstream common stock.
• Archon disposed of 2,451 shares related to the vesting of these restricted stock units.
• Following these transactions, Archon directly owns 3,076 shares of DT Midstream common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.

Positives

• The acquisition of shares through the dividend reinvestment plan indicates confidence in the company's future performance.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider activity.

Key Dates