Zona Christopher 4

What Happened

• Christopher Zona, President and Chief Operating Officer of DT Midstream (DTM), was issued 36,731 shares on Feb 17, 2026 as the payout from performance stock units (award).
• On the same date, 16,814 shares were disposed (withheld) at $132.65 per share to satisfy tax liabilities/exercise payment, producing proceeds of $2,230,377. The award shares were recorded at $0.00 acquisition cost (code A) and the withholding is reported under code F.

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-19 (file appears timely).
• Award: 36,731 common shares granted (performance stock units certified by the Organization and Compensation Committee — see footnote).
• Withholding/disposition: 16,814 shares at $132.65 (total $2,230,377) to cover tax/exercise obligations.
• Shares owned after transaction: not specified in the filing.
• Footnote: The 36,731 shares represent PSUs earned based on achievement of performance conditions, certified Feb 17, 2026 (F1).
• Transaction codes: A = award/grant; F = payment of exercise price or tax liability (withholding).

Context

• This is primarily an earned compensation payout (performance-based award) with a routine withholding of shares to satisfy taxes, not an open-market sale indicating a change of view.
• For retail investors, awards signal performance-based compensation being realized; withholding (F) is a common administrative step and should not be interpreted as a directional insider trade.