Form 4: DTE Energy Executive Reports Stock Transactions

Matthew T. Paul, a DTE Energy executive, reports stock transactions including a gift and holdings in a trust and 401k.

Summary

• On February 2, 2025, Matthew T. Paul, President & COO of DTE Electric Co., reported changes in his beneficial ownership of DTE Energy Co. stock.
• He disposed of 548 shares of common stock at a price of $119.88 per share to cover tax obligations.
• He also transferred 1,152 shares of DTE common stock to the Matthew T. and Heather Paul Trust for no consideration, but remains the beneficial owner of these shares.
• Following these transactions, Paul directly owns 5,652 shares of DTE common stock.
• He also indirectly owns 8,103 shares through the Matthew T. and Heather Paul Trust and 197.255 shares through a 401K plan as of February 3, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.

Related Party Transactions

• Transfer of 1,152 shares to the Matthew T. and Heather Paul Trust, where the reporting person remains the beneficial owner.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders as they represent a small portion of the company's outstanding shares.

Key Dates

Keywords

DTE Energy, Matthew T. Paul, stock transaction, beneficial ownership, Form 4, insider trading, securities, trust, 401k