Cox Melissa 4
Research Summary
AI-generated summary
DT Midstream (DTM) E.V.P. Melissa Cox Receives 1,452 RSUs
What Happened
Melissa Cox, Executive Vice President and Chief Administrative Officer of DT Midstream (DTM), received a grant of 1,452 restricted stock units (RSUs) on February 20, 2026. The award shows a per-unit acquisition price of $0.00 (total immediate cash value $0) because these are compensation RSUs rather than an open-market purchase.
Key Details
- Transaction date: 2026-02-20; SEC filing date: 2026-02-24 (timely filed).
- Transaction type/code: A = Award/Grant (derivative). Price reported: $0.00 per RSU.
- Shares reported acquired: 1,452 RSUs (no immediate shares issued).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes:
- Each RSU represents a contingent right to one share of common stock; fractional shares will be settled in cash.
- The RSUs vest on February 20, 2029, contingent on continued service, and include associated dividend equivalents under the long-term incentive plan.
Context
This grant is a compensation award that will convert to company shares only if vesting conditions are met (three-year service requirement). Because it’s an RSU award (not a purchase or sale), it does not reflect an immediate buy/sell decision by the insider.