Form 4: DT Midstream Executive VP Jeffrey Jewell Reports Stock Transactions
SEC Form 4 Filing
Executive VP and CFO of DT Midstream, Jeffrey Jewell, reports the acquisition and disposal of common stock and restricted stock units on February 4, 2025.
Summary
- On February 4, 2025, Jeffrey Jewell, Executive VP and CFO of DT Midstream, engaged in transactions involving the company's stock.
- Jewell acquired 5,955 shares of common stock through the vesting of restricted stock units and settlement of dividend equivalent rights.
- He also disposed of 5,955 shares of common stock at a price of $101.32 per share.
- Following these transactions, Jewell directly owns 44,485 shares of DT Midstream common stock.
- The restricted stock units vested on February 4, 2025, with each unit representing a contingent right to receive one share of DT Midstream common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the trading activities of company executives. It's a standard practice for publicly traded companies and their officers.
Stakeholder Impact
- The disclosure of insider transactions provides transparency to shareholders regarding management's actions.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of stock transactions and vesting of restricted stock units. |
| 02/06/2025 | Date of signature on the Form 4 filing. |
Keywords
DT Midstream, Jeffrey Jewell, stock transaction, Form 4, restricted stock units, dividend equivalent rights, executive compensation, insider trading
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