CMS Energy (CMS) VP, Controller receives 5,008-share restricted stock award

Rhea-AI Filing Summary

CMS Energy Corporation officer reports a new stock grant. VP, Controller and Chief Accounting Officer Scott B. McIntosh received 5,008 shares of CMS Energy common stock on 01/29/2026 at a stated price of $0 per share as a restricted stock award.

The grant was made under CMS Energy's Performance Incentive Stock Plan and is subject to a three-year "cliff" vesting schedule, meaning the shares vest all at once after three years of service and conditions. Following this award, McIntosh directly holds 25,850 shares of CMS Energy common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McIntosh Scott B

Role VP, Controller, CAO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,008	$0.00	--

Holdings After Transaction: Common Stock — 25,850 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^*

McIntosh Scott B

(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)
	VP, Controller, CAO

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		5,008(1)	A	$0	25,850	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 Energy (CMS) report in this Form 4?

CMS Energy reported a restricted stock grant to officer Scott B. McIntosh. He received 5,008 shares of common stock on January 29, 2026, at a stated price of $0 per share under the company’s Performance Incentive Stock Plan with three-year cliff vesting.

Who is the insider involved in this CMS (CMS) Form 4 filing?

The insider is Scott B. McIntosh, an officer of CMS Energy. He serves as Vice President, Controller and Chief Accounting Officer, and this filing reflects a new restricted stock award granted to him under the company’s incentive stock plan.

How many CMS Energy (CMS) shares were granted to the officer?

Scott B. McIntosh was granted 5,008 shares of CMS Energy common stock. These shares are classified as restricted stock under the Performance Incentive Stock Plan and are subject to a three-year cliff vesting schedule before they fully vest.

What is the vesting schedule for the CMS (CMS) restricted stock grant?

The restricted stock is subject to a three-year cliff vesting schedule. This means none of the 5,008 shares vest gradually; instead, the entire award vests at once after three years, assuming the plan’s conditions are satisfied.

How many CMS Energy (CMS) shares does the officer own after this transaction?

After the reported restricted stock grant, Scott B. McIntosh directly beneficially owns 25,850 shares of CMS Energy common stock. This total reflects his holdings immediately following the January 29, 2026 award reported in the Form 4.

Was this CMS (CMS) insider transaction a purchase on the open market?

No, this was a stock grant, not an open-market purchase. The Form 4 shows a transaction code “A” for an acquisition at a stated price of $0 per share, indicating an equity award under CMS Energy’s Performance Incentive Stock Plan.