Form 4: DT Midstream Executive Wendy Ellis Sells Shares
SEC Form 4
Wendy Ellis, E.V.P., Gen Counsel & Corp Sec of DT Midstream, Inc., sold a total of 18,854 shares of common stock on March 4, 2025.
Summary
- On March 4, 2025, Wendy Ellis, an executive at DT Midstream, Inc., sold shares of the company's common stock.
- The sales were executed in two separate transactions.
- In the first transaction, 8,300 shares were sold at a weighted average price of $92.69 per share, with individual prices ranging from $92.35 to $92.96.
- In the second transaction, 10,554 shares were sold at a weighted average price of $93.28 per share, with individual prices ranging from $93.01 to $93.71.
- Following these transactions, Ms. Ellis directly owns 6,435 shares of DT Midstream, Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the corporate world.
Stakeholder Impact
- The stock sale by an executive could be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a normal portfolio diversification strategy.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of stock sale transactions |
| 03/05/2025 | Date of Form 4 filing |
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