Form 4: CMS Energy Corp Executive Tonya L Berry Reports Stock Transactions

Tonya L Berry, a Senior Vice President at CMS Energy Corp, reports acquiring and disposing of common stock, including shares from a performance incentive plan and dividend reinvestment.

Summary

• Tonya L Berry, a Senior Vice President of CMS Energy Corp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On March 22, 2024, Berry acquired 993 shares of common stock as a result of CMS exceeding certain performance criteria under the 2021 Restricted Stock Award.
• On the same day, Berry disposed of 979 shares of common stock at a price of $58.97 per share.
• The total holdings reflect an adjustment of 75 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 213 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.
• Following these transactions, Berry beneficially owns 40,929 shares of CMS Energy Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, with a neutral sentiment. The acquisition of shares due to performance criteria is a slightly positive signal.

Positives

• The acquisition of shares due to exceeding performance criteria suggests positive performance by CMS Energy Corp.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often monitored by investors for insights into management's perspective on the company's performance and future prospects.

Stakeholder Impact

• The stock transactions may have a minor impact on shareholders, potentially signaling confidence in the company's performance.

Key Dates