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

Sentiment:

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

DateDescription
05/02/2025Date of stock and phantom stock transactions
05/06/2025Date 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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