Hofmeister Brandon J. 4

What Happened
Brandon J. Hofmeister, Senior Vice President of CMS Energy Corporation (CMS), was granted 13,752 restricted shares on January 29, 2026. The Form 4 reports an acquisition at $0.00 (award/grant), indicating these shares were issued as compensation rather than a market purchase. This is a grant of restricted stock, not a sale or open‑market purchase.

Key Details

• Transaction date and type: 2026-01-29 — Award/Grant (code A) of 13,752 restricted shares; reported on Form 4 filed 2026-02-02.
• Price: $0.00 per share as reported (award/grant); no cash purchase reported.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: Shares were granted under CMS’ Performance Incentive Stock Plan and are subject to a three-year "cliff" vesting schedule (no vesting until the cliff date).
• Timeliness: Form 4 was filed on 2026-02-02 for a 2026-01-29 grant; filing appears timely (not marked late).

Context
Restricted stock grants are a form of compensation and typically reflect long‑term incentive alignment rather than an immediate market view. With a three-year cliff, the recipient generally receives no vested shares until the cliff date, so these shares are not immediately tradable or a direct bullish bet by the insider.