Form 4: DTE Energy COO Richard A. Richard Reports Changes in Beneficial Ownership
SEC Form 4
DTE Energy's President and COO of DTE Gas, Richard A. Richard, reports acquisition and disposal of common stock, resulting in an adjusted beneficial ownership.
Summary
- On February 5, 2025, Richard A. Richard, President & COO DTE Gas, reported changes in his beneficial ownership of DTE Energy Co. common stock.
- He acquired 6,671.936 shares of common stock.
- He disposed of 1,244 shares at a price of $122.69.
- He also disposed of 0.936 shares at a price of $122.69.
- Following these transactions, his direct ownership stands at 30,966 shares.
- He also indirectly owns 1,449.156 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company executives.
Stakeholder Impact
- The change in beneficial ownership may be of interest to shareholders as it reflects the executive's investment decisions.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of earliest transaction: Acquisition and disposal of common stock. |
| 02/07/2025 | Date of signature by Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.