Slater David 4

What Happened David Slater, Executive Chair and CEO of DT Midstream (DTM), received a grant of 16,285 restricted stock units (RSUs) on February 20, 2026. The grant is recorded as a derivative award at $0.00 per unit (standard for RSU grants) and does not reflect immediate cash paid or market value realized at grant.

Key Details

• Transaction date: 2026-02-20 (reported on Form 4 filed 2026-02-24).
• Grant: 16,285 restricted stock units (price recorded $0.00 — classification "A" for award/grant).
• Vesting: These RSUs will vest on February 20, 2029, subject to continued service; dividend equivalents apply (per filing footnotes).
• Footnotes: (1) Each RSU represents a contingent right to one share; fractional shares will be paid in cash. (2) Vesting tied to continued service through 2/20/2029 and provides dividend equivalents.
• Shares owned after the transaction: Not specified in the provided filing.
• Timeliness: Filing was submitted 4 days after the grant date (Feb 24 filing for Feb 20 transaction); not indicated as late.

Context RSU grants are a common form of executive compensation and are not an open-market purchase or sale. They convert into shares (or cash for fractions) only upon vesting and typically reflect retention and performance incentives rather than an immediate market position change. This award is a derivative compensation grant rather than a buy or sale of existing shares.