Johnson Shaun M 4

What Happened Shaun M. Johnson, Executive Vice President & Chief Legal Officer of CMS Energy (CMS), received a grant of 19,747 restricted shares on January 29, 2026. The grant is reported as an award (code A) with a reported acquisition price of $0 (no cash exchanged at grant). This is a company stock award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-01-29; Filing date: 2026-02-02 (filed within the standard Form 4 reporting window).
• Shares granted: 19,747 restricted shares; reported acquisition price: $0; total reported value: $0.
• Vesting: Grant is subject to CMS’ Performance Incentive Stock Plan and a three-year "cliff" vesting schedule (footnote).
• Shares owned after transaction: Not provided in the supplied filing summary.
• Transaction code: A = Award/Grant.

Context Restricted stock awards are compensation grants that typically vest over time (here, a three-year cliff), so they do not represent an immediate open‑market purchase or sale. These awards are common for executive compensation and do not by themselves indicate insider trading sentiment.