CMS Energy EVP & COO granted 20,451 restricted shares

CMS Energy Corporation Executive Vice President and COO Tonya L. Berry received a grant of 20,451 shares of common stock as restricted stock.

Rhea-AI Filing Summary

CMS Energy Corporation Executive Vice President and COO Tonya L. Berry received a grant of 20,451 shares of common stock as restricted stock. The grant was made at a price of $0 per share under CMS Energy’s Performance Incentive Stock Plan and is subject to a three-year cliff vesting schedule. Following this award, she beneficially owns 70,387 shares of CMS Energy common stock in direct ownership.

Insider Trade Summary

Grant/Award: 20,451 shares

Grant/Award 1 txn

Insider Berry Tonya L

Role Executive Vice President & COO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	20,451	$0.00	$0.00

Holdings After Transaction: Common Stock — 70,387 shares (Direct)

Footnotes (1)

1. F1. Restricted Stock granted by CMS Energy Corporation ("CMS") pursuant to CMS' Performance Incentive Stock Plan and subject to a three-year "cliff" vesting schedule.

FAQ

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

What did CMS (CMS) executive Tonya L. Berry report in this Form 4?

Tonya L. Berry reported receiving 20,451 shares of CMS Energy common stock as a restricted stock grant. The award was made at $0 per share and increases her directly owned holdings to 70,387 shares, reflecting equity-based executive compensation.

How many CMS (CMS) shares were granted to Tonya L. Berry?

Tonya L. Berry was granted 20,451 shares of CMS Energy common stock. These shares are structured as restricted stock under the company’s Performance Incentive Stock Plan and are subject to a three-year cliff vesting schedule before they become fully vested.

What is the vesting schedule for Tonya L. Berry’s CMS restricted stock?

The restricted stock granted to Tonya L. Berry vests on a three-year cliff schedule. This means none of the 20,451 CMS Energy shares vest until the end of the three-year period, aligning long-term executive incentives with shareholder interests over that timeframe.

What is Tonya L. Berry’s total CMS (CMS) share ownership after this transaction?

After the restricted stock grant, Tonya L. Berry beneficially owns 70,387 shares of CMS Energy common stock. All of these shares are reported as directly owned, reflecting her combined existing holdings and the newly granted restricted stock award.

Was cash paid for the CMS shares granted to Tonya L. Berry?

No cash was paid for this award; the 20,451 CMS Energy shares were granted at a price of $0 per share. They represent equity compensation issued under the company’s Performance Incentive Stock Plan rather than an open-market purchase transaction.

What plan governs the restricted stock granted to Tonya L. Berry at CMS (CMS)?

The restricted stock was granted under CMS Energy Corporation’s Performance Incentive Stock Plan. This plan provides equity-based awards, and in this case the 20,451 granted shares are subject to a three-year cliff vesting period before becoming fully earned.

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

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Accepted by SEC EDGAR 02/02/2026 - 02:36 PM Learn about SEC filing dates

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^*

Berry Tonya L

(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)
	Executive Vice President & COO

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		20,451(1)	A	$0	70,387	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.