Form 4: CMS Energy Corp: Senior Vice President Brian F. Rich Sells 4,000 Shares
SEC Form 4 Filing
Brian F. Rich, Senior Vice President of CMS Energy Corp, sold 4,000 shares of common stock at a price of $65.9956 on August 1, 2024.
Summary
- On August 1, 2024, Brian F. Rich, a Senior Vice President at CMS Energy Corp, sold 4,000 shares of common stock.
- The sale price was $65.9956 per share.
- Following the transaction, Rich directly owns 94,490 shares of CMS Energy Corp.
- The total holdings reflect an adjustment of 536 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 272 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 disclosure of stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company.
Stakeholder Impact
- The stock sale by a Senior Vice President could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons behind the sale.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of the stock sale transaction and dividend reinvestment. |
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