Welcome to our dedicated page for CMS ENERGY SEC filings (Ticker: CMS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for CMS Energy Corporation (NYSE: CMS) and, where applicable, its principal subsidiary, Consumers Energy Company. As a Michigan-based energy company in the utilities sector with listed common stock, junior subordinated notes and preferred securities, CMS Energy regularly files reports and current disclosures that describe its financial condition, capital structure and material corporate events.
Investors can review Form 10-K annual reports and Form 10-Q quarterly reports for detailed information on CMS Energy's regulated utility operations through Consumers Energy, its independent power generation businesses and its overall financial performance. These filings typically include discussions of operating revenue, operating income, net income attributable to CMS Energy, cash flows, capitalization and risk factors, as well as explanations of non-GAAP measures such as adjusted earnings that the company uses to evaluate present operating performance.
Form 8-K current reports are particularly important for tracking material events at CMS Energy and Consumers Energy. Recent 8-K filings have disclosed quarterly financial results, the launch and completion of a private placement of 3.125% Convertible Senior Notes due 2031, amendments and restatements of revolving credit facilities for both CMS Energy and Consumers Energy, and tender offers for certain Consumers Energy first mortgage bonds. These reports provide timely insight into new debt issuances, changes in credit arrangements, earnings announcements and other significant developments.
For those monitoring the company's capital structure and securities, the filings also describe listed instruments such as CMS Energy's junior subordinated notes, depositary shares representing interests in its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, and Consumers Energy's cumulative preferred stock. Forms 3, 4 and 5, when available, can be used to examine insider transactions and ownership changes in CMS Energy securities.
On Stock Titan, SEC filings are updated as they become available from EDGAR, and AI-powered tools can help summarize lengthy documents like 10-Ks and 10-Qs, highlight key terms in 8-Ks and make complex capital markets disclosures easier to understand. Users can quickly see which filings relate to earnings releases, credit facility amendments, convertible note offerings or other specific topics and use AI-generated overviews to focus on the sections most relevant to their analysis of CMS Energy and Consumers Energy.
Keyes Richard Patrick reported acquisition or exercise transactions in this Form 4 filing.
CMS Energy Corporation director Richard Patrick Keyes reported an equity award of 769 shares of common stock. The shares were granted at a price of $0.00 per share under CMS Energy Corporation's Performance Incentive Stock Plan and are subject to vesting at the next annual meeting date. Following this grant, Keyes directly holds 769 shares of CMS Energy common stock.
Consumers Energy Co director Diane Leopold filed an initial Form 3 reporting her beneficial ownership. The filing lists holdings related to the company’s $4.50 Preferred Stock and shows 0.0000 shares owned directly following the reported position.
CMS Energy Corp director Diane Leopold filed an initial insider ownership report. The Form 3 shows she holds no shares of CMS Energy common stock and no depositary shares representing 4.2% Perpetual Preferred Stock, Series C, with zero shares reported for both securities.
CMS Energy Corp director Richard Patrick Keyes filed an initial Form 3 reporting his beneficial ownership in the company. The filing shows he holds no shares of CMS Energy common stock and no depositary shares representing 4.2% Perpetual Preferred Stock, Series C, with total holdings reported as 0.0000 for each security.
CONSUMERS ENERGY CO director reports initial holdings
Richard Patrick Keyes, a director of Consumers Energy Co, filed an initial ownership statement for the company’s $4.50 Preferred Stock. The filing reports that he holds 0 shares of this security directly following the reported status.
CMS Energy Corp director John G. Russell reported an open-market sale of 14,914 shares of common stock on February 20, 2026. The weighted average sale price was $75.755 per share, across multiple trades between $75.75 and $75.76. After this transaction, he directly owns 131,568 shares of CMS Energy common stock.
CMS submitted a Form 144 notice reporting the proposed sale of Common Stock associated with vested restricted stock units. The filing lists multiple RSU vesting dates with share amounts, including 2,582, 2,362, 4,648, 986, 2,192, and 2,144.
CMS Energy Corporation and its principal subsidiary, Consumers Energy Company, have expanded each of their boards from nine to eleven members and elected Diane Leopold and Richard P. Keyes as directors, effective February 20, 2026.
Leopold is the retired executive vice president and chief operating officer of Dominion Energy, bringing more than three decades of utility experience, and will serve on the Compensation and Human Resources Committee and the Finance Committee. Keyes is the president and chief executive officer of Meijer, Inc., with over 35 years of operational and leadership experience, and will serve on the Audit Committee and the Governance, Sustainability and Public Responsibility Committee.
Both new directors will enter into Director Indemnification Agreements and, in connection with joining the CMS Energy board, will each receive a pro‑rated restricted stock grant under the CMS Energy Performance Incentive Stock Plan and ongoing compensation as described in CMS Energy’s 2025 annual meeting proxy statement.
CMS Energy Corporation updated its ongoing equity offering program, which allows sales of common stock with an aggregate offering price of up to $1,000,000,000. As of the new prospectus supplement dated February 11, 2026, Shares with an aggregate offering price of about $492.3 million remain available.
The company has already offered and sold approximately $507.7 million of stock under a prior prospectus supplement. Future sales, including possible forward sale transactions, may occur from time to time at CMS Energy’s discretion, using various methods such as at-the-market offerings and privately negotiated transactions.
CMS Energy Corporation is offering up to $1,000,000,000 of common stock through an at-the-market equity distribution program that may include forward sale agreements. As of this prospectus supplement, it has already sold shares with an aggregate offering price of about $507.7 million, leaving roughly $492.3 million available for future issuances.
Shares may be sold from time to time through several major banks acting as sales agents, principals, forward purchasers and forward sellers, generally at prevailing NYSE market prices. CMS Energy intends to use net proceeds for general corporate purposes, including potential debt reduction, capital expenditures, investments in subsidiaries and working capital, and may repay borrowings under its revolving credit facility maturing in 2030. Forward sale agreements can be physically, cash or net share settled, and physical or net share settlement would increase shares outstanding and dilute earnings per share.