Form 4: CMS Energy SVP Tonya L. Berry Reports Stock Transactions

Senior Vice President Tonya L. Berry reports acquisition and disposal of CMS Energy Corp stock.

Summary

• Tonya L. Berry, a Senior Vice President at CMS Energy Corp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On March 21, 2025, Berry acquired 2,168 shares of common stock as a result of CMS exceeding certain performance criteria under the 2022 Restricted Stock Award.
• These shares were acquired at a price of $0.
• On the same day, Berry disposed of 2,249 shares of common stock at a price of $73.5.
• Following these transactions, Berry beneficially owns 51,866 shares of CMS Energy Corp.
• The total holdings reflect an adjustment of 72 additional shares of Common Stock of CMS acquired as a result of dividend reinvestment pursuant to the Award, and an adjustment of 222 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.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document primarily reports stock transactions. The acquisition due to performance criteria is mildly positive, while the disposal is mildly negative, balancing each other out.

Positives

• The acquisition of shares indicates that CMS Energy Corp exceeded certain performance criteria, which could be viewed positively.

Negatives

• The disposal of 2,249 shares by a Senior Vice President could be interpreted negatively, although the reason for disposal is not specified.

Risks

• The Form 4 filing itself doesn't inherently indicate risks, but monitoring insider transactions is important for assessing potential risks related to company performance and management's outlook.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. Monitoring these filings can offer insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.

Key Dates

Keywords

CMS Energy Corp, insider trading, Form 4, stock transaction, beneficial ownership, Tonya L. Berry, executive compensation, restricted stock award