DTE Energy Company Executive Severance Allowance Plan Amendment and Change in Control Agreements
DTE Energy Company filed a Form 8-K on September 10, 2025, reporting amendments to its Executive Severance Allowance Plan and the execution of Change in Control Severance Agreements with its executive officers. The amendment to the Executive Severance Allowance Plan, effective September 10, 2025, enhances severance benefits for the CEO, including a lump sum payment of 200% of Base Pay and 24 months of COBRA continuation coverage premiums. Additionally, the company entered into Change in Control Severance Agreements with its executive officers, effective September 11, 2025, replacing previous agreements. These agreements provide for severance compensation in the event of a termination within two years after a Change in Control, including cash severance benefits, accelerated vesting of equity awards, and outplacement services. The filing also includes Indemnification Agreements with executive officers and non-employee directors, effective September 11, 2025, providing indemnification against liabilities and expenses incurred in connection with their service to the company.