Form 4: DTE Energy Director Gail J McGovern Reports Stock Transactions
SEC Form 4 Filing
Director Gail J McGovern reports the disposition of 1,479.63 shares of DTE Energy common stock and phantom stock on May 2, 2025.
Summary
- On May 2, 2025, Gail J McGovern, a director of DTE Energy Co, disposed of 1,479.63 shares of common stock.
- The transaction involved the disposition of phantom stock, also at a price of $0.
- Following the reported transactions, McGovern directly owns 1,479.63 shares of DTE Energy common stock and 50,298.31 derivative securities.
- The phantom stock was acquired through the reinvestment feature under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of stock and phantom stock transactions |
| 05/06/2025 | Date of signature for the report |
Keywords
DTE Energy, Director, Stock Disposition, Form 4, Gail J McGovern, Phantom Stock, Deferred Stock Compensation Plan
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