Form 4: DT Midstream Executive Wendy Ellis Reports Stock Transactions
SEC Form 4 Filing
Wendy Ellis, E.V.P., Gen Counsel & Corp Sec of DT Midstream, reports the vesting and disposal of restricted stock units and acquisition of common stock.
Summary
- On February 4, 2025, Wendy Ellis, E.V.P., Gen Counsel & Corp Sec of DT Midstream, engaged in transactions involving the company's stock.
- Ellis disposed of 3,902 shares of common stock related to the vesting of restricted stock units.
- She also acquired 3,902 shares of common stock upon settlement of dividend equivalent rights.
- Additionally, she acquired 2,154 shares of common stock at a price of $101.32.
- Following these transactions, Ellis directly owns 16,832 shares of DT Midstream common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey 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.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of stock transactions: vesting of restricted stock units, acquisition of shares through dividend equivalent rights, and purchase of shares. |
| 02/06/2025 | Date of signature on the Form 4 filing. |
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