CMS files Form 144 for RSU-related common stock sales

CMS submitted a Form 144 notice reporting the proposed sale of Common Stock associated with vested restricted stock units.

Rhea-AI Filing Summary

CMS submitted a Form 144 notice reporting the proposed sale of Common Stock associated with vested restricted stock units. The filing lists multiple RSU vesting dates with share amounts, including 2,582, 2,362, 4,648, 986, 2,192, and 2,144.

Insights

Securities Compliance Counsel

Rule 144 notice lists vested RSU lots and proposed resale quantities.

The filing records proposed sales of Common Stock tied to RSU vesting events on 05/03/2024, 05/05/2023, 02/05/2019, 05/08/2018, 05/05/2017, and 03/21/2017, with example quantities including 2,582 and 4,648.

Under Rule 144, such notices are procedural; holder actions and timing determine market activity. Subsequent filings may report completed transactions and exact proceeds.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does CMS's Form 144 mean for shareholders?

It notifies a proposed resale of vested shares under Rule 144, listing specific RSU lots. The notice lists vesting dates and share counts (e.g., 2,582, 4,648) to comply with resale reporting requirements; actual sales are subject to holder decisions and any applicable resale conditions.

How many shares are shown in the CMS Form 144 excerpt?

The excerpt lists multiple vested RSU lots with individual counts rather than a single aggregate total. Examples shown include 2,582, 2,362, 4,648, 986, 2,192, and 2,144, each tied to specific vesting dates.

Are the CMS shares in the filing already sold?

No; the Form 144 is a notice of proposed resale under Rule 144 rather than a confirmation of sale. The filing lists vested RSU lots and quantities, and later reports would show whether sales were completed and the transaction details.

Which vesting dates are listed on the CMS Form 144 excerpt?

The excerpt shows multiple vesting dates tied to the listed RSU lots. Dates include 05/03/2024, 05/05/2023, 02/05/2019, 05/08/2018, 05/05/2017, and 03/21/2017, each with corresponding share counts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/20/2026 - 12:12 PM EST Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001180661
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	CMS Energy Corp
SEC File Number	001-09513
Address of Issuer	One Energy Plaza Jackson MICHIGAN 49201
Phone	5177880550
Name of Person for Whose Account the Securities are To Be Sold	John G Russell
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Merrill, Lynch, Pierce, Fenner and Smith 110 N Wacker Drive 19th Floor Chicago IL 60606	14914	1129063.09	306400000	02/20/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/03/2024	RSU Vesting	Issuer			2582	05/03/2024	Compensation
Common Stock	05/05/2023	RSU Vesting	Issuer			2362	05/05/2023	Compensation
Common Stock	02/05/2019	RSU Vesting	Issuer			4648	02/05/2019	Compensation
Common Stock	05/08/2018	RSU Vesting	Issuer			986	05/08/2018	Compensation
Common Stock	05/05/2017	RSU Vesting	Issuer			2192	05/05/2017	Compensation
Common Stock	03/21/2017	RSU Vesting	Issuer			2144	03/21/2017	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	02/20/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	John G Russell
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)