Form 4: DTE Energy Executive Reports Stock Transactions
SEC Form 4 Filing
JoAnn Chavez, Sr VP & Chief Legal Officer of DTE Energy, reports acquisition and disposal of company stock.
Summary
- On February 5, 2025, JoAnn Chavez, Sr VP & Chief Legal Officer of DTE Energy, reported transactions involving DTE common stock.
- Chavez acquired 11,047.882 shares of common stock at $0.
- She disposed of 2,686 shares at $122.69 per share to cover tax obligations.
- Additionally, 0.882 shares were disposed of at $122.69 per share.
- Following these transactions, Chavez directly owns 21,129 shares and indirectly owns 806.092 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
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 their potential impact on the stock.
Stakeholder Impact
- The stock transactions of company insiders are of interest to shareholders as they can provide insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of stock transactions (acquisition and disposal). |
| 02/07/2025 | Date of signature on the Form 4 filing. |
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