Form 4: CMS Energy Corp. Senior Vice President Sells 2,000 Shares
SEC Form 4 Filing
A Form 4 filing reveals that Brandon J. Hofmeister, a Senior Vice President at CMS Energy Corp., sold 2,000 shares of common stock on December 13, 2024.
Summary
- Brandon J. Hofmeister, a Senior Vice President at CMS Energy Corp., sold 2,000 shares of common stock on December 13, 2024.
- The sale was executed at a price of $67.2213 per share.
- Following the transaction, Mr. Hofmeister directly owns 63,197 shares of CMS common stock.
- He also indirectly owns shares through a custodial account for his son.
- The total holdings reflect an adjustment of 186 additional shares acquired through dividend reinvestment and 240 additional Restricted Stock Units purchased in lieu of cash dividends.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale by an executive, with no inherent positive or negative sentiment.
Industry Context
This is a routine filing related to insider trading activity and is common for publicly traded companies. It provides transparency into the transactions of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
- Similar filings are made by executives at comparable companies such as DTE Energy, Exelon, and Southern Company when they buy or sell company stock.
Stakeholder Impact
- The stock sale by a company executive may be of interest to shareholders, but is a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 12/13/2024 | Date of the stock sale transaction. |
| 12/16/2024 | Date of the signature on the Form 4 filing. |
Keywords
CMS Energy Corp, insider trading, Form 4, stock sale, equity securities, beneficial ownership, Brandon J. Hofmeister
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