BRANDON DAVID 4
4 · DTE ENERGY CO · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
DTE Energy Director Brandon David Receives 240.75-Share Award
What Happened
- Brandon David, a director of DTE Energy Co. (DTE), was granted 240.75 shares (derivative/phantom stock) on 2026-07-01. The award is reported at a per-share value of $150.57, for a total reported value of $36,250. This was an award/compensation grant (not an open-market purchase or sale).
Key Details
- Transaction date and price: 2026-07-01 at $150.57 per share (total $36,250).
- Transaction type: Grant/Award of derivative phantom stock (Form 4 code A).
- Shares owned after transaction: Not disclosed in this filing.
- Notable footnotes:
- F1: 1-for-1 (standard conversion reference).
- F2: Award represents payment of director fees; phantom stock will be settled for cash on a date chosen by the reporting person under the plan.
- F3: Includes phantom stock acquired via the plan’s dividend reinvestment feature.
- Filing timeliness: Form filed 2026-07-02 (the day after the transaction) — not indicated as late.
Context
- This was a routine director compensation award of phantom stock (a cash-settled derivative), not a purchase of common shares; it does not immediately increase voting shares. Such awards are standard for non-employee directors and are best viewed as compensation rather than a direct bullish signal.
Insider Transaction Report
Form 4
BRANDON DAVID
Director
Transactions
- Award
Phantom Stock (Def Dir Fees)
[F1][F2][F3]2026-07-01$150.57/sh+240.75$36,250→ 17,087.06 total→ Common Stock (240.75 underlying)
Footnotes (3)
- [F1]1 for 1
- [F2]Payment of Director Fees. The phantom stock will be settled for cash on a date selected by the reporting person as provided under the plan.
- [F3]Includes phantom stock acquired through the dividend reinvestment feature of the DTE Energy Company Plan for Deferring the Payment of Non-Employee Director Fees.
Signature
/s/Todd A. Richards, Attorney-in-Fact|2026-07-02