STOCK TITAN

CMS Energy (NYSE: CMS) director granted 2,411 stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CMS Energy director John G. Sznewajs 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. These units are subject to vesting at the next annual meeting date, meaning they are compensation-based rather than an open-market purchase.

The filing also reflects an adjustment adding 1,034 shares acquired through dividend reinvestment or equivalents tied to prior restricted stock awards. After these updates, Sznewajs directly holds 37,594 shares of CMS Energy common stock.

Positive

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Insider Sznewajs John G
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,411 $0.00 --
Holdings After Transaction: Common Stock — 37,594 shares (Direct, null)
Footnotes (1)
  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 1,034 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.
RSU grant 2,411 shares Restricted Stock Units granted to director Sznewajs
Holdings after transaction 37,594 shares Total common stock held directly after updates
Dividend reinvestment adjustment 1,034 shares Additional shares from dividend reinvestment or equivalents
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
"shares of Common Stock of CMS acquired as a result of dividend reinvestment or equivalents"
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.
SEC Form 4
FORM 4UNITED 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*
Sznewajs John G

(Last)(First)(Middle)
ONE ENERGY PLAZA

(Street)
JACKSON MICHIGAN 49201

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CMS ENERGY CORP [ CMS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/08/2026A2,411(1)A$037,594D(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. The total holdings reflect an adjustment of 1,034 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.
Remarks:
Rhonda M. Morris, Attny-in-fact05/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CMS (CMS) report for John G. Sznewajs?

CMS Energy reported that director John G. Sznewajs received a grant of 2,411 Restricted Stock Units as equity compensation. The award was made under the company’s Performance Incentive Stock Plan and represents additional stock-based pay, not an open-market share purchase.

Are the 2,411 CMS (CMS) shares a purchase or a grant?

The 2,411 CMS Energy shares are a grant of Restricted Stock Units, coded as an award rather than a market purchase. They were issued under the Performance Incentive Stock Plan as part of director compensation and are scheduled to vest at the next annual meeting date.

When will John G. Sznewajs’s new CMS (CMS) stock units vest?

The 2,411 Restricted Stock Units granted to John G. Sznewajs are subject to vesting at CMS Energy’s next annual meeting date. Vesting means the units convert into actual shares that the director fully owns, assuming he continues to meet plan conditions until that date.

How many CMS (CMS) shares does John G. Sznewajs now hold?

After the new grant and adjustments, John G. Sznewajs directly holds 37,594 shares of CMS Energy common stock. This total includes prior holdings, the 2,411 Restricted Stock Units grant, and 1,034 additional shares credited from dividend reinvestment or equivalent accruals.

What is the 1,034-share adjustment mentioned for CMS (CMS)?

The filing notes an adjustment of 1,034 CMS Energy shares added to John G. Sznewajs’s holdings. These shares were acquired through dividend reinvestment or equivalents related to earlier restricted stock awards granted under the CMS Performance Incentive Stock Plan, increasing his reported common stock position.