Director at CMS Energy (NYSE: CMS) awarded 2,411 Restricted Stock Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Soto Myrna reported acquisition or exercise transactions in this Form 4 filing.
CMS Energy Corp director Myrna Soto received a grant of 2,411 shares of common stock in the form of Restricted Stock Units under the company’s Performance Incentive Stock Plan, at no cash cost to her. These RSUs are scheduled to vest at the next annual meeting date.
After this grant and an adjustment of 1,052 additional shares from dividend reinvestment tied to prior restricted stock awards, her direct holdings total 41,023 CMS Energy common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Soto Myrna
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,411 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 41,023 shares (Direct, null)
Footnotes (1)
- Grant of 2,411 shares of Restricted Stock Units pursuant to CMS Energy Corporation's Performance Incentive Stock Plan, and subject to vest at the next annual meeting date. The total holdings reflect an adjustment of 1,052 additional shares of Common Stock of CMS acquired as a result of dividend reinvestment or equivalents pursuant to the Restricted Stock awards granted in accordance with the provisions of the CMS Performance Incentive Stock Plan.
Key Figures
RSU grant size: 2,411 shares
Grant price: $0.00 per share
Total holdings after transaction: 41,023 shares
+1 more
4 metrics
RSU grant size
2,411 shares
Restricted Stock Units granted on 2026-05-08
Grant price
$0.00 per share
Stock-based compensation, not open-market purchase
Total holdings after transaction
41,023 shares
Direct CMS Energy common stock after grant and adjustments
Dividend reinvestment adjustment
1,052 shares
Additional shares from dividend reinvestment/equivalents on restricted awards
Key Terms
Restricted Stock Units, Performance Incentive Stock Plan, dividend reinvestment
3 terms
Restricted Stock Units financial
"Grant of 2,411 shares of Restricted Stock Units pursuant to CMS Energy Corporation's Performance Incentive Stock Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Incentive Stock Plan financial
"pursuant to CMS Energy Corporation's Performance Incentive Stock Plan, and subject to vest at the next annual meeting date"
dividend reinvestment financial
"acquired as a result of dividend reinvestment or equivalents pursuant to the Restricted Stock awards"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
FAQ
What insider transaction did CMS (CMS) director Myrna Soto report?
Director Myrna Soto reported receiving 2,411 shares of CMS Energy common stock as Restricted Stock Units. The award came under the company’s Performance Incentive Stock Plan and involved no cash payment, reflecting stock-based compensation rather than an open-market purchase.
What is the vesting condition for Myrna Soto’s new CMS (CMS) RSUs?
The 2,411 Restricted Stock Units granted to Myrna Soto are scheduled to vest at CMS Energy’s next annual meeting date. Vesting means the RSUs convert into actual shares she owns outright, subject to the terms of the Performance Incentive Stock Plan.
Were any of Myrna Soto’s CMS (CMS) transactions open-market buys or sells?
The Form 4 shows a grant of 2,411 Restricted Stock Units and no open-market purchases or sales. The filing classifies the transaction as a grant or award acquisition, which is typical executive or director compensation rather than discretionary trading in the open market.