Form 4: DTE Energy Executive Vice President David Ruud Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President and CFO of DTE Energy, David Ruud, reports transactions involving company common stock, including acquisitions and disposals, affecting his beneficial ownership.
Summary
- On February 5, 2025, David Ruud, Executive Vice President & CFO of DTE Energy, reported changes in his beneficial ownership of DTE common stock.
- He acquired 14,040.532 shares of common stock.
- He disposed of 3,313 shares at a price of $122.69 per share.
- He also disposed of 0.532 shares at a price of $122.69 per share.
- Following these transactions, his direct ownership stands at 81,424 shares.
- He also has indirect ownership through a Family Trust (1,875 shares) and a 401K (6,223.601 shares).
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about changes in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of the reported transactions (acquisition and disposal of common stock). |
| 02/07/2025 | Date of signature for the Form 4 filing. |
Keywords
Beneficial Ownership, DTE Energy, David Ruud, Form 4, Common Stock, Transactions, Executive Compensation
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