Form 4: DT Midstream Executive Melissa Cox Reports Stock Transactions
SEC Form 4 Filing
Melissa Cox, E.V.P., Chief Admin. Off. of DT Midstream, Inc., reports the vesting of restricted stock units and subsequent stock transactions on February 4, 2025.
Summary
- On February 4, 2025, Melissa Cox, E.V.P., Chief Admin. Off. of DT Midstream, Inc., reported transactions involving the company's common stock.
- Cox acquired 1,589 shares of common stock upon the vesting of restricted stock units, which also included the settlement of dividend equivalent rights.
- Simultaneously, 790 shares were disposed of at a price of $101.32 per share.
- Following these transactions, Cox directly owns 5,336 shares of DT Midstream common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It's a standard practice for executives to receive and vest restricted stock units as part of their compensation packages.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent a small portion of the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of earliest transaction: vesting of restricted stock units, acquisition of shares, and disposal of shares. |
| 02/06/2025 | Date of signature on the Form 4 filing. |
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