John G. Russell - Dec 19, 2024 Form 4 Insider Report for CMS ENERGY CORP (CMS)

Role: Director
Signature: Rhonda M. Morris, Attny-in-fact
Stock symbol: CMS
Transactions as of: Dec 19, 2024
Transactions value $: -$1,893,188
Form type: 4
Date filed: 12/20/2024, 10:36 AM
Previous filing: May 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMS	Common Stock	Sale	-$1.89M	-28.8K	-16.64%	$65.85	144K	Dec 19, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the Irrevocable Election signed on December 13, 2024, the reporting person contributed shares of CMS Common Stock to an exchange fund in exchange for shares of the exchange fund, with the exchange transaction closing on December 19, 2024. CMS Common Stock was valued at $65.85 per share for the purpose of determining the number of shares of the exchange fund issuable to the reporting person.
F2	The total holdings reflect an adjustment of 67 additional Restricted Stock Units purchased on behalf of the reporting person as a result of automatic acquisition of Restricted Stock Units in lieu of cash dividends pursuant to the terms of the award granted to the reporting person in accordance with the provisions of the CMS Performance Incentive Stock Plan.

Content

Pursuant to the Irrevocable Election signed on December 13, 2024, the reporting person contributed shares of CMS Common Stock to an exchange fund in exchange for shares of the exchange fund, with the exchange transaction closing on December 19, 2024. CMS Common Stock was valued at $65.85 per share for the purpose of determining the number of shares of the exchange fund issuable to the reporting person.

The total holdings reflect an adjustment of 67 additional Restricted Stock Units purchased on behalf of the reporting person as a result of automatic acquisition of Restricted Stock Units in lieu of cash dividends pursuant to the terms of the award granted to the reporting person in accordance with the provisions of the CMS Performance Incentive Stock Plan.