Zona Christopher 4

What Happened

• Zona Christopher, President and Chief Operating Officer of DT Midstream, was granted 5,853 restricted stock units (RSUs) on February 20, 2026. The grant is recorded at $0.00 per unit on the Form 4 because this is an award, not a purchase; the RSUs are a derivative right to receive common shares in the future.

Key Details

• Transaction date: 2026-02-20 (Grant/Award)
• Amount: 5,853 restricted stock units; reported price: $0.00 (award)
• Vesting: This RSU award will vest on February 20, 2029, subject to continued service through the vesting date (per footnote).
• Dividend treatment: The RSUs provide for associated dividend equivalents until settlement (per footnote).
• Conversion: Each RSU represents the contingent right to one common share; any fractional shares will be paid in cash (per footnote).
• Shares owned after transaction: Not specified in the provided filing summary.
• Filing timing: Form filed 2026-02-24 for a 2026-02-20 grant; insiders generally must file Form 4 within two business days, so this filing appears later than that window.

Context

• RSUs are not immediate market purchases or sales; they are long-term incentive awards that convert into shares (or cash for fractions) only if vesting conditions are met. Such awards are common executive compensation and do not by themselves indicate an intent to buy or sell stock in the open market.