Form 4: DTE Energy CEO Gerardo Norcia Reports Gift of Shares and 401K Holdings
SEC Form 4 Filing
DTE Energy's Chairman and CEO, Gerardo Norcia, reported a gift of 927 common stock shares and holdings in the company's 401K plan as of February 29, 2024.
Summary
- On February 29, 2024, Gerardo Norcia, Chairman and CEO of DTE Energy, reported a transaction involving DTE Energy common stock.
- Norcia gifted 927 shares of DTE Energy common stock.
- The reported transaction also includes shares held indirectly through the DTE Energy Company Savings and Stock Ownership Plan (401K).
- As of the plan statement dated February 29, 2024, Norcia holds 749.48 shares of DTE common stock through the plan.
- Following the reported transactions, Norcia directly owns 374,887 shares of DTE Energy common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting a gift of shares and 401k holdings. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences for executives of publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of stock gift transaction and plan statement date for 401K holdings. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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