John G. Russell - 20 Feb 2026 Form 4 Insider Report for CMS ENERGY CORP (CMS)

Role: Director
Signature: Rhonda M. Morris, Attny-in-fact
Issuer symbol: CMS
Transactions as of: 20 Feb 2026
Net transactions value: -$1,129,810
Form type: 4
Filing time: 23 Feb 2026, 16:41:25 UTC
Previous filing: 06 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
RUSSELL JOHN G	Director	ONE ENERGY PLAZA, JACKSON	Rhonda M. Morris, Attny-in-fact	23 Feb 2026	0001180661

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMS	Common Stock	Sale	$1,129,810	-14,914	-10%	$75.76	131,568	20 Feb 2026	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.75 to $75.76, inclusive. The reporting person undertakes to provide to CMS Energy Corporation ("CMS"), any security holder of CMS, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.75 to $75.76, inclusive. The reporting person undertakes to provide to CMS Energy Corporation ("CMS"), any security holder of CMS, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.