secwatch.observer — SEC 8-K summary
======================================

Issuer:     DT Midstream, Inc. (DTM)
CIK:        0001842022
Form:       8-K
Filed at:   2023-12-22T23:59:59+00:00
Accession:  0000947871-23-001176
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842022/000094787123001176/0000947871-23-001176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842022/000094787123001176/ss2851843_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-23-001176

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer