Form 4: DTE Energy Director Gail J McGovern Reports Stock Transactions

Director Gail J McGovern reports transactions involving DTE Energy Co. common stock and phantom stock.

Summary

• On May 4, 2024, Gail J McGovern, a director of DTE Energy Co., engaged in transactions involving common stock and phantom stock.
• McGovern acquired 1,333.29 shares of common stock at a price of $0, and disposed of 1,333.29 shares of common stock at a price of $112.75.
• These transactions also involved phantom stock, with 1,333.29 units acquired and disposed of on the same date.
• Following these transactions, McGovern directly owns 0 shares of common stock and 50,041.34 units of phantom stock, which includes phantom stock acquired through reinvestment under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't convey any particular positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider trading activity.

Key Dates