Hofmeister Brandon J. 4

What Happened

• Brandon J. Hofmeister, Senior Vice President of CMS Energy (CMS), was credited with 326 shares as a performance-based restricted stock award (code A) on January 26, 2026. Those award shares show a $0.00 acquisition price because they were granted, not purchased.
• On the same date, 4,221 shares were disposed (code F) to cover exercise price/tax withholding at $71.53 per share, totaling approximately $301,928. This disposal appears to be a tax-withholding sale associated with the restricted stock award rather than an open-market sale.

Key Details

• Transaction date: 2026-01-26; Form 4 filed 2026-01-28 (appears timely — Form 4s are generally due within two business days).
• Award: 326 shares acquired at $0.00 (performance-based restricted stock award).
• Withholding disposition: 4,221 shares sold/withheld at $71.53 each; total value ≈ $301,928.
• Footnotes: F1 — shares were issued because CMS exceeded performance criteria under the 2023 Restricted Stock Award; F2 — total holdings reflect an adjustment of 323 additional shares from dividend reinvestment/equivalents related to restricted stock awards.
• Shares owned after the transaction: not specified in the provided Form 4 excerpts.

Context

• This was a performance-based restricted stock grant with a routine tax-withholding disposition. Tax-withholding sales are standard for equity awards and do not necessarily indicate the insider’s view of the company’s prospects.
• The award (A) is an acquisition of shares via compensation; the disposal (F) was a withholding for tax obligations tied to that award.