Norcia Gerardo 4

What Happened Gerardo Norcia, Executive Chairman and director of DTE Energy Co., received an award of 51,028.379 shares on 2026-02-04 (transaction code A). Instead of cash, 13,609 shares were withheld to cover tax obligations (code F) at $135.70 per share for a tax withholding of $1,846,741; an additional 0.379 fractional share was surrendered to the issuer (code D) for $51. Net of withholding, Norcia received 37,419.000 shares. The gross value of the 51,028.379-share award at $135.70 is about $6.92 million.

Key Details

• Date: 2026-02-04; Awarded shares (A): 51,028.379 at $0.00 cost basis reported.
• Tax withholding (F): 13,609 shares disposed at $135.70 = $1,846,741.
• Disposition to issuer (D): 0.379 shares at $135.70 = $51 (fractional share).
• Net shares received: 37,419.000 shares retained after withholding.
• Filing: Reported on 2026-02-06 for the 2026-02-04 transaction — appears timely (not late).
• Footnotes: Transaction reflects an award/vesting with shares withheld for taxes (common administrative treatment).

Context This appears to be a routine equity award/vesting event with a cashless tax withholding rather than a market sale or open-market purchase. Withholding a portion of awarded shares to cover taxes is standard and is an administrative step, not necessarily a signal about the insider’s view on the stock.