DTE Energy (DTE) Director Charles G. McClure Sells 1,424.83 Shares

What Happened

• Charles G. McClure, a director of DTE Energy Company, exercised/converted 1,424.83 derivative shares (reported as M) at $0.00 and, on the same day, disposed of 1,424.83 shares to the issuer (reported as D) at $146.73 per share, totaling $209,065. The exercise/conversion and immediate disposition indicate the derivative shares were converted and then surrendered/sold back to the company.

Key Details

• Transaction date: 2026-05-04; Filing date: 2026-05-06 (filed within the normal Form 4 window).
• Exercise/Conversion: 1,424.83 shares at $0.00 (code M).
• Disposition to issuer: 1,424.83 shares at $146.73 per share for $209,065 (code D).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 indicates a 1-for-1 conversion; F2 notes these include phantom stock acquired via the reinvestment feature of the DTE Energy Deferred Stock Compensation Plan for Non-Employee Directors.

Context

• This was effectively a conversion/exercise of a derivative award followed immediately by a transfer/sale to the issuer (commonly seen with tax withholding or cashless-settlement arrangements). The filing shows a sale/disposition rather than an open-market purchase, which is often routine for executive/non-employee director compensation settlements and not necessarily a signal of changed view on the company.