Form 4: CMS Energy Corp Executive Scott B. McIntosh Reports Stock Transactions

Scott B. McIntosh, VP, Controller, and CAO of CMS Energy Corp, reports acquisition and disposal of company stock on March 22, 2024.

Summary

• On March 22, 2024, Scott B. McIntosh, VP, Controller, and CAO of CMS Energy Corp, reported transactions involving CMS common stock.
• McIntosh acquired 1,260 shares of common stock at $0 as a result of CMS exceeding certain performance criteria under the 2021 Restricted Stock Award.
• He also disposed of 823 shares at $58.97 per share.
• Following these transactions, McIntosh beneficially owns 26,442 shares of CMS common stock.
• The total holdings reflect an adjustment of 94 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 116 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: 6

Explanation: Neutral sentiment. The document primarily reports stock transactions. The acquisition of shares due to performance is a slightly positive signal, while the disposal is slightly negative. Overall, it's a routine filing.

Positives

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

Negatives

• The disposal of 823 shares could be interpreted negatively, although it's a relatively small portion of McIntosh's holdings.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock transactions may have a minor impact on shareholder sentiment.

Key Dates