CMS Energy (CMS) grants SVP Thomas Shannon 7,757 restricted shares

Rhea-AI Filing Summary

CMS Energy Corporation reported that Senior Vice President Thomas Shannon received an award of 7,757 shares of common stock on January 29, 2026. The shares were granted at a price of $0 as restricted stock under CMS Energy’s Performance Incentive Stock Plan.

The restricted stock is subject to a three-year “cliff” vesting schedule, meaning the full award is scheduled to vest after three years rather than gradually over time. Following this grant, Shannon directly beneficially owns 7,757 shares of CMS Energy common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Thomas Shannon

Role Senior Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,757	$0.00	--

Holdings After Transaction: Common Stock — 7,757 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Thomas Shannon

(Last) (First) (Middle)

ONE ENERGY PLAZA

(Street)

JACKSON MI 49201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CMS ENERGY CORP [ CMS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/29/2026		A		7,757(1)	A	$0	7,757	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted Stock granted by CMS Energy Corporation ("CMS") pursuant to CMS' Performance Incentive Stock Plan and subject to a three-year "cliff" vesting schedule.

Remarks:

	Rhonda M. Morris, Attny-in-fact	02/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CMS (CMS) report for Thomas Shannon?

CMS Energy reported that Senior Vice President Thomas Shannon received 7,757 shares of common stock as a restricted stock grant. The award was recorded at a price of $0 per share and represents his directly owned beneficial holdings after the transaction.

When did Thomas Shannon receive the 7,757 CMS Energy shares?

Thomas Shannon received the 7,757 restricted shares of CMS Energy common stock on January 29, 2026. This date is recorded as the transaction date for the award in the filing’s non-derivative securities table for the Form 4 insider transaction.

What type of shares were granted to CMS executive Thomas Shannon?

Thomas Shannon was granted restricted shares of CMS Energy common stock under the company’s Performance Incentive Stock Plan. The award totals 7,757 shares and carries restrictions, including a three-year cliff vesting schedule before the shares fully vest and become unrestricted.

How many CMS Energy shares does Thomas Shannon own after this grant?

After the reported grant, Thomas Shannon beneficially owns 7,757 shares of CMS Energy common stock. The Form 4 indicates this entire amount is held as a direct ownership position, reflecting the newly granted restricted stock award to the Senior Vice President.

What does a three-year cliff vesting schedule mean for this CMS grant?

A three-year cliff vesting schedule means none of the 7,757 restricted shares vest until the end of three years. At that point, the full grant is scheduled to vest at once, assuming continued satisfaction of any plan and employment conditions.