DT Midstream amends Change in Control Severance Agreements for four executives, increasing severance multiple to 200%

DT Midstream, Inc.

Amended agreements increase cash severance multiple from 150% to 200% for CFO, COO, GC, and SVP Admin.
Non-compete consideration multiple raised from 50% to 100% for one-year post-termination.
Rights to additional payments for qualifying termination within two years after change in control removed for terminations on or before July 1, 2024.
Effective December 21, 2023; full text to be filed in 2023 10-K.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.