Insider Buying Signals at DT Midstream
The latest filing on February 20 2026 shows Executive Chair and CEO Slater David purchasing 16,285 restricted stock units (RSUs) that will vest on February 20 2029. The trade was made at the market price of $137.17, a slight dip of 0.01 % from the closing price, and it generated an unusually high buzz score of 417.59 % on social‑media platforms. The positive sentiment score (+80) suggests that investors are interpreting the move as a strong confidence signal rather than a routine equity exercise.
What the Purchase Means for Investors
The RSU transaction indicates that David is willing to lock in future upside by holding a sizable stake that will mature in three years. With the company’s shares hovering near a 52‑week high, the RSU buy can be seen as a bet on continued valuation expansion, especially given the recent Wells Fargo upgrade to a $150 target. The timing—just before a major regulatory filing cycle for pipeline permits—also hints that the leadership believes the pipeline network will sustain or increase its earnings footprint in the near term.
Historical Buying and Selling Patterns
David’s trading history over the past months has alternated between large block purchases and sizeable divestitures. In mid‑February, he bought 135,165 shares and sold 63,190 shares in the same week, while earlier in February he sold 12,382 shares and bought 28,964 shares. The pattern shows a net accumulation of shares, with a cumulative post‑transaction holding of 326,161 shares as of February 20. This trend of net buying aligns with the company’s solid fundamentals— a 44.53 % annual gain, a forward P/E of 31.64, and a market cap of $13.84 bn— suggesting that insiders view the current price as undervalued relative to long‑term growth prospects.
Other Insider Activity
The broader insider landscape at DT Midstream is similarly bullish. Several senior executives—CFO Jewell Jeffrey A, VP Cox Melissa, and VP Zona Christopher—have all purchased RSUs in the same filing cycle. This collective buying spree strengthens the narrative that the top tier of management is aligned with shareholders and is optimistic about the company’s pipeline expansion plans and regulatory outlook.
Implications for the Company’s Future
The combination of David’s RSU purchase, the high social‑media buzz, and the concurrent buying by other executives points to a growing conviction among leadership that DT Midstream will continue to generate robust cash flows and deliver shareholder value. For investors, this insider activity can be viewed as a signal to monitor upcoming pipeline capacity additions and regulatory approvals, as these factors will likely drive the company’s earnings trajectory and, by extension, its share price.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-20 | Slater David (Exec. Chair and CEO) | Buy | 16,285.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Jewell Jeffrey A (Executive V.P., CFO) | Buy | 5,287.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Ellis Wendy (E.V.P., Gen Counsel & Corp Sec) | Buy | 4,453.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Cox Melissa (E.V.P., Chief Admin. Off.) | Buy | 1,452.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Finland Joseph Peter (Chief Accounting Officer) | Buy | 161.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Zona Christopher (President and Chief Oper. Off.) | Buy | 5,853.00 | N/A | Restricted Stock Units |




