Pickle Elaine M 4

What Happened

• Elaine M. Pickle, a director of DT Midstream, was granted 1,093 restricted stock units (RSUs) on May 5, 2026. The Form 4 reports the acquisition as a derivative award at a $0.00 purchase price, i.e., a compensation grant rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-05-05; Form 4 filed: 2026-05-07 (appears timely under the two-business-day rule).
• Grant: 1,093 RSUs reported as acquired at $0.00 (derivative security).
• Post-transaction shares owned: not disclosed in the provided filing.
• Footnotes: F1 — each RSU entitles the holder to one share of common stock (fractional shares paid in cash). F2 — the RSUs vest on May 5, 2027, subject to continued service through the vesting date.
• No sale, exercise, or tax-withholding transaction reported in this filing.

Context

• RSU grants are a form of compensation; they convert to shares (or cash for fractions) only if vesting conditions are met. This award does not represent an immediate market purchase or sale and should be viewed as a routine director compensation event rather than an explicit bullish or bearish trade signal. The economic value of the grant will depend on DT Midstream’s stock price at vesting.