Form 4: CMS Energy Corp Executive Brian F. Rich Reports Stock Transactions

Senior Vice President Brian F. Rich reports acquisition and disposal of CMS Energy Corp stock on March 22, 2024, affecting his beneficial ownership.

Summary

• On March 22, 2024, Brian F. Rich, a Senior Vice President at CMS Energy Corp, reported transactions involving the company's common stock.
• He acquired 4,796 shares of common stock due to CMS exceeding performance criteria under the 2021 Restricted Stock Award.
• Mr. Rich also disposed of 4,747 shares at a price of $58.97 per share.
• Following these transactions, Mr. Rich beneficially owns 99,682 shares of CMS Energy Corp common stock.
• The total holdings reflect an adjustment of 541 additional shares of Common Stock of CMS Energy Corporation ('CMS') acquired as a result of dividend reinvestment pursuant to the reporting person's participation in the CMS Stock Purchase Plan, and an adjustment of 345 additional shares of Restricted Stock purchased on behalf of the reporting person as a result of automatic acquisition of Restricted Stock in lieu of cash dividends pursuant to the terms of the award granted to the reporting person in accordance with the provisions of the CMS Performance Incentive Stock Plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard reporting of stock transactions. The acquisition based on performance is mildly positive, offset by the disposal.

Positives

• The acquisition of shares due to exceeding performance criteria suggests positive company performance.

Negatives

• The disposal of 4,747 shares by a Senior Vice President could be interpreted negatively, although the reason for disposal is not specified.

Risks

• Unspecified reasons for stock disposal by an executive could lead to market speculation and uncertainty.

Industry Context

Executive stock transactions are routinely monitored as indicators of management's confidence in the company's prospects and can influence investor sentiment.

Stakeholder Impact

• Shareholders may react to the reported stock transactions, potentially influencing the stock price.

Key Dates