Form 4: CMS Energy Corp Executive Hofmeister Sells 1,667 Shares
SEC Form 4
Senior Vice President Brandon J. Hofmeister sold 1,667 shares of CMS Energy Corp stock at a price of $59.9837 on June 13, 2024.
Summary
- On June 13, 2024, Brandon J. Hofmeister, a Senior Vice President at CMS Energy Corp, sold 1,667 shares of common stock.
- The sale price was $59.9837 per share.
- Following the transaction, Hofmeister directly owns 68,330 shares of CMS Energy Corp.
- The total holdings reflect an adjustment of 208 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 268 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: This is a neutral disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider transaction and doesn't necessarily indicate a broader trend within the utility industry.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of stock sale transaction |
| 06/17/2024 | Date of signature by attorney-in-fact |
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