Muschong Lisa A. 4

What Happened

• Lisa A. Muschong, Vice President, Corporate Secretary & Chief of Staff at DTE Energy (DTE), received an award of 1,801.08 shares on 2026-02-04 (reported on a Form 4 filed 2026-02-06). The award is reported at $0.00 per share on the Form 4 (grant/vesting).
• To satisfy tax withholding, 343 shares were surrendered (coded F) at $135.70 per share, totaling $46,545, and an additional 0.08 shares were delivered to the issuer (coded D) valued at $11 (same $135.70 per-share reference).

Key Details

• Transaction date: 2026-02-04; Form 4 filed: 2026-02-06 (appears timely).
• Award: 1,801.08 shares reported as grant/award (code A) at $0.00 on the Form 4.
• Tax withholding: 343 shares disposed (code F) at $135.70/share = $46,545; 0.08 shares disposed to issuer (code D) = $11.
• Shares owned after the transaction: not specified in the filing.
• No 10b5-1 plan or other special instruction was disclosed in this filing.

Context

• This looks like a routine equity award/vesting event with shares withheld to cover tax obligations, not an open-market sale or purchase. Such withholding is common and does not necessarily signal a change in the insider’s view of the company.
• For investors, awards and subsequent withholding are administrative — purchases (insiders buying stock) are generally considered a stronger bullish signal than routine vesting and tax withholding.