Form 4: DTE Energy Executive Reports Stock Transactions
SEC Filing
Robert A. Richard, President & COO of DTE Gas, reports changes in beneficial ownership of DTE Energy Co. stock.
Summary
- Robert A. Richard, President & COO of DTE Gas, filed a Form 4 with the SEC.
- The report details changes in his beneficial ownership of DTE Energy Co. stock.
- On February 2, 2025, 579 shares of common stock were disposed of at a price of $119.88.
- Following the transaction, Richard directly owns 25,539 shares of DTE common stock.
- He also indirectly owns 1,449.156 shares through a 401(k) plan as of February 3, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions without expressing any opinion or outlook.
Industry Context
This 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 executives and potentially gain insights into their perspectives on the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company executives as an indicator of their confidence in the company's performance.
Key Dates
| Date | Description |
|---|---|
| 02/02/2025 | Date of stock transaction (disposal of 579 shares). |
| 02/03/2025 | Date of Plan statement for 401(k) shares. |
| 02/04/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, DTE Energy, Richard, Executive
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