Lorenz Kathrine M. 4

What Happened
Kathrine M. Lorenz, Senior Vice President & Chief Legal Officer of DTE Energy, received a grant/award of 3,130.324 shares on 2026-02-04 (code A, acquisition at $0.00). To cover tax withholding and fractional-share processing, 116 shares were withheld (code F) at $135.70/share (≈ $15,741) and 0.324 shares were surrendered to the issuer (code D) for ≈ $44. Based on the $135.70 share price used for withholding, the gross value of the award was about $424,785 and the net shares added to her holdings were approximately 3,014 (net value ≈ $409,000). This was an equity award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-04; Form 4 filed 2026-02-06 (filed promptly within the usual 2-business-day window).
• Award: 3,130.324 shares granted at $0.00.
• Withholding/dispositions: 116 shares withheld for taxes @ $135.70 = $15,741 (code F); 0.324 shares disposed to issuer @ $135.70 = $44 (code D).
• Net shares retained from the grant: ~3,014 shares (3,130.324 − 116.324).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Codes explained: A = award/grant (acquisition), F = tax withholding/payment of tax liability, D = disposition to issuer (often fractional-share settlement).

Context
This was a standard equity grant with shares withheld to satisfy tax obligations (a common administrative step) — not a market sale or purchase indicating a trading signal. For retail investors, awards and the associated withholding are routine compensation events and do not by themselves indicate the insider’s view of the stock. The filing appears timely.