Snyder Lauren Y 4

What Happened Lauren Y. Snyder, Senior Vice President of CMS Energy Corporation (CMS), was granted 3,526 shares of restricted stock on January 29, 2026. The shares were issued at $0.00 (an award/grant), so no cash was paid by the insider. This is a compensation award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-29; Filing date: 2026-02-02 (timely filing).
• Grant amount: 3,526 restricted shares; grant price reported as $0.00.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Shares granted under CMS’ Performance Incentive Stock Plan and subject to a three-year "cliff" vesting schedule (all shares vest only after three years, assuming any performance/service conditions are met).
• No indication of a 10b5-1 plan, tax withholding, or immediate sale in the filing.

Context Restricted stock awards are a form of compensation and typically reflect long-term incentive alignment rather than a direct buy/sell signal. Because these shares are subject to a three-year cliff vest, Snyder cannot sell or fully realize value from them until vesting conditions are satisfied.