Ellis Wendy 4

What Happened Wendy Ellis, Executive Vice President, General Counsel & Corporate Secretary of DT Midstream (DTM), was awarded 4,453 restricted stock units (RSUs) on 2026-02-20. The grant is reported as an acquisition at $0.00 (transaction code A — award/grant) and represents a contingent right to receive one share per RSU upon vesting. No shares were sold or purchased in the open market as part of this filing.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-24 (filed on time).
• Transaction type/code: Award/Grant (A); reported as acquisition at $0.00.
• Award size: 4,453 restricted stock units (RSUs).
• Vesting: RSUs vest on February 20, 2029, subject to continued service.
• Footnotes: Each RSU equals a contingent right to one share; fractional shares will be paid in cash (F1). The award provides for dividend equivalents under the issuer’s long-term incentive plan (F2).
• Shares owned following the transaction: not specified in the information provided on the filing.

Context RSU grants are a common form of long-term incentive and do not involve an immediate cash purchase or sale of stock. These RSUs simply give Ellis the right to receive shares (or cash for fractional shares) if she remains employed through the vesting date and the award conditions are met. This filing reports a grant rather than trading activity.