DTE Energy Files 8-K on Security Holder Votes & Debentures
Ticker: DTB · Form: 8-K · Filed: May 7, 2024 · CIK: 936340
| Field | Detail |
|---|---|
| Company | Dte Energy Co (DTB) |
| Form Type | 8-K |
| Filed Date | May 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, debt-filing, financial-statements
Related Tickers: DTE
TL;DR
DTE Energy filed an 8-K detailing shareholder votes and various subordinated debentures.
AI Summary
DTE Energy Co. filed an 8-K on May 7, 2024, reporting on matters submitted to a vote of security holders and financial statements as of May 2, 2024. The filing includes details on various series of junior subordinated debentures, such as Series E 2017 5.25% Junior Subordinated Debentures Due 2077, Series G 2020 4.375% Junior Subordinated Debentures Due 2080, and Series E 2021 4.375% Junior Subordinated Debentures Due 2081.
Why It Matters
This filing provides transparency on corporate governance matters and the status of DTE Energy's long-term debt instruments, which are crucial for understanding the company's financial structure and obligations.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate actions and financial instruments, not indicating any immediate operational or financial distress.
Key Players & Entities
- DTE Energy Co. (company) — Filer
- May 2, 2024 (date) — Earliest event reported
- May 7, 2024 (date) — Date of report
- Series E 2017 5.25% Junior Subordinated Debentures Due 2077 (dollar_amount) — Financial instrument
- Series G 2020 4.375% Junior Subordinated Debentures Due 2080 (dollar_amount) — Financial instrument
- Series E 2021 4.375% Junior Subordinated Debentures Due 2081 (dollar_amount) — Financial instrument
FAQ
What specific matters were submitted to a vote of DTE Energy's security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not elaborated in the provided text snippet.
What is the purpose of filing an 8-K on May 7, 2024?
The 8-K was filed to report on the submission of matters to a vote of security holders and to include financial statements and exhibits as of May 2, 2024.
What are the key financial instruments mentioned in the filing?
The filing mentions Series E 2017 5.25% Junior Subordinated Debentures Due 2077, Series G 2020 4.375% Junior Subordinated Debentures Due 2080, and Series E 2021 4.375% Junior Subordinated Debentures Due 2081.
What is DTE Energy's state of incorporation?
DTE Energy Co. is incorporated in Michigan (MI).
What is the Commission File Number for DTE Energy?
The Commission File Number for DTE Energy Co. is 1-11607.
Filing Stats: 685 words · 3 min read · ~2 pages · Grade level 9.1 · Accepted 2024-05-07 16:16:44
Filing Documents
- dte-20240502.htm (8-K) — 49KB
- dte-20240502_g1.jpg (GRAPHIC) — 6KB
- 0000936340-24-000149.txt ( ) — 242KB
- dte-20240502.xsd (EX-101.SCH) — 4KB
- dte-20240502_def.xml (EX-101.DEF) — 16KB
- dte-20240502_lab.xml (EX-101.LAB) — 31KB
- dte-20240502_pre.xml (EX-101.PRE) — 17KB
- dte-20240502_htm.xml (XML) — 6KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. (a) The Annual Meeting was held on May 2, 2024. (b) At the Annual Meeting: (i) The director nominees named in the Proxy were all elected to the Board as follows: Nicholas K. Akins, David A. Brandon, Deborah L. Byers, Charles G. McClure, Jr., Gail J. McGovern, Mark A. Murray, Gerardo Norcia, Robert C. Skaggs, Jr., David A. Thomas, Gary H. Torgow, James H. Vandenberghe and Valerie M. Williams were each elected to serve as a director of the Company for a one-year term expiring in 2025, with the votes shown: Total Votes For Each Director Total Votes Withheld From Each Director Broker Non-Votes Nicholas K. Akins 153,524,407 803,886 19,613,657 David A. Brandon 141,701,347 12,626,946 19,613,657 Deborah L. Byers 151,648,062 2,680,231 19,613,657 Charles G. McClure, Jr. 148,067,626 6,260,667 19,613,657 Gail J. McGovern 150,173,526 4,154,767 19,613,657 Mark A. Murray 146,261,122 8,067,171 19,613,657 Gerardo Norcia 148,198,985 6,129,308 19,613,657 Robert C. Skaggs, Jr. 152,859,270 1,469,022 19,613,657 David A. Thomas 151,899,061 2,429,232 19,613,657 Gary H. Torgow 140,294,890 14,033,403 19,613,657 James H. Vandenberghe 150,640,550 3,687,743 19,613,657 Valerie M. Williams 147,689,455 6,638,838 19,613,657 (ii) Shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the year 2024, with the votes shown: For Against Abstentions Broker Non-Votes 172,195,499 1,444,883 301,567 0 (iii) Shareholders approved, on an advisory basis, the overall executive compensation paid to the Company's named executive officers as more fully described in the Proxy, with the votes shown: For Against Abstentions Broker Non-Votes 147,708,266 5,892,752 727,274 19,613,657 (iv) Shareholders did not approve the shareholder proposal relating to a climate transition plan, inclusive of downstream gas utility emissions, as more fully described
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 7, 2024 DTE Energy Company (Registrant) /s/Lisa A. Muschong Lisa A. Muschong Vice President, Corporate Secretary and Chief of Staff