Insider Activity Spotlight: Cox Melissa’s Recent Move at DT Midstream
In a recent Form 4 filing dated January 28 2026, Cox Melissa, the Executive Vice‑President and Chief Administrative Officer, executed a purchase of 2,850 Restricted Stock Units (RSUs) valued at $0 each. The transaction, recorded at the current market price of $126.02, reflects a continued confidence in DT Midstream’s long‑term trajectory. While the immediate cash impact is nil—RSUs are awarded, not purchased—the move signals that senior management is aligning its interests with shareholders over the next couple of years, as the units are slated to vest on March 1 2028.
What Investors Should Take Away
The timing of this RSU purchase dovetails with a broader wave of insider activity in early August 2025. Cox sold a sizable block of common stock (≈9,926 shares) in early August, only to buy back more shares a few days later. Such a pattern is not uncommon among executives balancing liquidity needs against long‑term alignment. For investors, the net effect is modest—her overall holdings increased from 9,926 to 11,967 shares after the August transactions, and the recent RSU grant expands that stake without immediate dilution. The fact that the RSUs are restricted until 2028 reinforces the company’s commitment to a stable, forward‑looking governance culture, which can be reassuring in the volatile energy sector.
Cox Melissa’s Transaction Profile
Cox’s trading history shows a preference for short‑term adjustments rather than large, strategic shifts. In August 2025, she executed a net purchase of 2,597 common shares (buy) and sold 4,755 shares (sell), netting a modest increase in ownership. She has also engaged in RSU transactions, selling 2,251.93 units in August and now acquiring 2,850 units in January. Over the past year, her activity has been relatively subdued compared to peers such as CEO David Slater and CFO Jeffrey Jewell, who have conducted larger volume trades. This pattern suggests that Cox’s moves are primarily driven by personal liquidity considerations rather than market timing or signal‑sending intentions.
Implications for DT Midstream’s Future
With the stock up 5.3 % month‑to‑month and a 23.97 % yearly gain, DT Midstream has demonstrated solid momentum. The leadership transition—CEO Slater becoming Executive Chairman and Zona stepping into the president role—adds a layer of continuity while injecting fresh operational focus. Cox’s RSU purchase, aligned with this transition, reinforces confidence that management is committed to the company’s long‑term value creation. For investors, the combined effect of stable insider holdings, a robust earnings environment, and a leadership team poised to navigate regulatory and market shifts should translate into a positive outlook for the mid‑stream pipeline sector.
Key Takeaways for Investors
- Cox Melissa’s RSU purchase signals long‑term alignment with shareholders.
- Net insider purchases in early August indicate liquidity management rather than opportunistic trading.
- The leadership shift supports operational continuity and potential strategic expansion.
- DT Midstream’s strong quarterly performance and industry positioning provide a solid backdrop for future growth.
By monitoring these insider actions alongside broader market dynamics, investors can gauge management’s confidence in DT Midstream’s path forward and adjust their portfolios accordingly.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-01-28 | Cox Melissa (E.V.P., Chief Admin. Off.) | Buy | 2,850.00 | N/A | Restricted Stock Units |




