Cox Melissa 4

What Happened
Melissa Cox, Executive Vice President and Chief Administrative Officer of DT Midstream (DTM), was granted 11,019 shares on Feb 17, 2026 as the settlement of performance stock units (PSUs). To cover tax withholding, 5,240 of those shares were remitted at a reported value of $132.65 per share (totaling $695,086). Net shares retained by Cox after withholding: 5,779. The grant was certified by the Organization and Compensation Committee based on achievement of performance conditions.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19. No indication in the filing that this was late.
• Grant: 11,019 shares (code A) recorded at $0.00 on the Form because these are earned PSUs. Approximate market value at $132.65/share ≈ $1.46M.
• Tax withholding: 5,240 shares (code F) withheld/disposed to satisfy tax liability; value reported $695,086.
• Net new shares delivered to insider: 5,779 shares.
• Footnote: These shares were earned under performance stock units and certified by the Organization & Compensation Committee based on performance (per filing footnote).
• Shares owned after transaction: not specified in the information provided.

Context
This was a compensation-related issuance (performance award) rather than an open-market buy or discretionary sale; the withholding is a routine tax-withholding mechanism and does not necessarily indicate insider sentiment about the stock. Code F on Form 4 denotes shares surrendered to cover tax obligations.