Finland Joseph Peter 4

What Happened

• Joseph Peter Finland, Chief Accounting Officer of DT Midstream (DTM), had restricted stock units vest on February 1, 2026 and converted those units into common shares. The Form 4 shows two derivative conversion entries totaling 606.45 shares (321.45 shares and 285 shares). To satisfy tax withholding, 145 shares were disposed (withheld) at an indicated price of $126.02, yielding about $18,273. The filing was submitted February 3, 2026.

Key Details

• Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (timely).
• Conversions/exercises (code M): 321.45 shares (acquired; price N/A) and 285 shares (reported at $0.00).
• Tax withholding (code F): 145 shares withheld at $126.02/share for total proceeds ~ $18,273.
• Net shares retained from the vesting event (606.45 issued − 145 withheld) = 461.45 shares.
• Shares owned after the transaction: not disclosed in the filing.
• Relevant footnotes: F2 notes each restricted stock unit equals one share; F3 confirms the restricted stock unit vested on Feb 1, 2026. F1 references dividend reinvestment plan holdings (as applicable).

Context

• This appears to be a routine RSU vesting event with a portion of the shares withheld to cover tax obligations (a common administrative step), not an open-market sale. Derivative code M here represents conversion/exercise of equity awards (RSUs); code F indicates shares withheld for taxes. Such withholding is standard and does not by itself indicate a change in the insider’s market view.