Form 4: DTE Energy Director Akins Reports Stock Transactions

Director Nicholas K. Akins reports transactions involving DTE Energy common stock and phantom stock, including the acquisition of common stock through the vesting of phantom stock units.

Summary

• On May 2, 2025, Director Nicholas K. Akins reported transactions involving DTE Energy common stock.
• Akins acquired 1,479.63 shares of common stock through the vesting of phantom stock units at a price of $0.
• Akins also disposed of 0.63 shares of common stock at a price of $136.36.
• Following these transactions, Akins directly owns 2,494 shares of DTE Energy common stock.
• Akins also has indirect ownership of 41 shares held in a trust for the benefit of his spouse.
• The report also details the vesting of 1,479.63 phantom stock units, convertible to common stock on a 1-for-1 basis.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company directors and officers, which can provide insights into their perspectives on the company's prospects.

Stakeholder Impact

• The transactions reported may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

Keywords

DTE Energy, Nicholas K. Akins, Form 4, Stock Transaction, Phantom Stock, Director, Beneficial Ownership