Form 4: CMS Energy SVP LeeRoy Wells Jr. Reports Stock Transactions

Senior Vice President LeeRoy Wells Jr. of CMS Energy Corp. reports acquisition and disposal of company stock, including shares from a performance-based award and dividend reinvestments.

Summary

• LeeRoy Wells Jr., a Senior Vice President at CMS Energy Corp, filed a Form 4 detailing changes in his beneficial ownership of CMS stock.
• On March 21, 2025, Wells acquired 3,493 shares of CMS common stock as a result of CMS exceeding certain performance criteria under the 2022 Restricted Stock Award.
• On the same day, he disposed of 3,623 shares at a price of $73.5.
• His total holdings reflect an adjustment of 264 additional shares acquired through dividend reinvestment and 319 additional shares purchased in lieu of cash dividends.
• Following these transactions, Wells directly owns 84,348 shares of CMS common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document primarily reports stock transactions. The acquisition of shares due to performance criteria is a slightly positive signal, while the disposal is neutral without further context.

Positives

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

Negatives

• The disposal of 3,623 shares by a Senior Vice President could be interpreted negatively, although the reason for disposal is not specified.

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 for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The stock transactions of a high-ranking officer may influence investor sentiment.

Key Dates

Keywords

Form 4, CMS Energy, Stock Transactions, Beneficial Ownership, LeeRoy Wells Jr., Dividend Reinvestment, Restricted Stock Award