Form 4: DTE Energy COO Matthew T. Paul Sells Shares

Matthew T. Paul, President & COO of DTE Electric Co., sold 3,801 shares of DTE Energy Co. common stock at an average price of $129.56 on February 19, 2025.

Summary

• On February 19, 2025, Matthew T. Paul, the President & COO of DTE Electric Co., sold 3,801 shares of DTE Energy Co. common stock.
• The shares were sold at a weighted average price of $129.56, with individual sale prices ranging from $129.495 to $129.660.
• Following the transaction, Paul directly owns 7,600 shares and indirectly owns 6,951 shares through the Matthew T and Heather Paul Trust.
• He also indirectly owns 207.61 shares through a 401K plan.
• The filing indicates that the sale was not made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a transaction. Insider sales can sometimes be interpreted negatively, but without further context, it's a routine disclosure.

Industry Context

Insider sales are a common occurrence and are closely monitored by investors for signals about a company's prospects; however, without additional context, it's difficult to ascertain the specific reasons behind this sale.

Stakeholder Impact

• The sale of shares by a high-ranking executive could be perceived negatively by some shareholders, potentially leading to minor fluctuations in the stock price.

Key Dates

Keywords

DTE Energy, Matthew T. Paul, stock sale, Form 4, insider trading, Pres. & COO-DTE Electric Co., securities