DTE.NYSEDte Energy CO

Form 4: DTE Energy Executive Vice President & CFO, David Ruud, Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing

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David Ruud, Executive Vice President & CFO of DTE Energy, reports the disposition of shares to cover tax obligations and updates holdings in company stock through a family trust and 401K.

Summary

  • On February 2, 2025, David Ruud, the Executive Vice President & CFO of DTE Energy, reported a transaction involving DTE common stock.
  • Ruud disposed of 1,162 shares of common stock at a price of $119.88 to cover tax obligations.
  • Following the transaction, Ruud directly owns 70,697 shares of DTE common stock.
  • Ruud also indirectly owns 1,875 shares through a family trust and 6,223.601 shares through a 401K plan as of February 3, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the transaction appears to be routine. Therefore, the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by a key executive at DTE Energy.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders as it is a routine filing related to executive compensation and tax obligations.

Key Dates

DateDescription
02/02/2025Date of transaction involving DTE common stock.
02/03/2025Date of Plan statement for shares acquired under the DTE Energy Company Savings and Stock Ownership Plan.
02/04/2025Date of signature for the report.

Keywords

DTE Energy, David Ruud, Beneficial Ownership, Form 4, Executive Vice President, CFO, Common Stock, Transaction, Disposition, Holdings, Family Trust, 401K

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