Thomas Shannon 4

What Happened

• Thomas Shannon, Senior Vice President of CMS Energy Corporation, was granted 7,757 restricted shares (transaction code A) on January 29, 2026. The Form 4 reports the shares as acquired at $0.00 (typical for equity awards) and does not reflect a market sale or purchase.

Key Details

• Transaction date: 2026-01-29; reported acquisition price: $0.00 per share; total shares granted: 7,757.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: The shares are restricted stock granted under CMS’ Performance Incentive Stock Plan and are subject to a three-year “cliff” vesting schedule (Footnote F1).
• Filing: Form 4 filed 2026-02-02; timing appears to be within normal reporting window (no late‑filing flag indicated).
• Transaction code: A = Award/Grant.

Context

• Restricted stock awards are compensation, not open‑market purchases or sales. They typically indicate long‑term retention or performance incentives and vest over time (here, a three‑year cliff). Such grants are common executive compensation and do not, by themselves, signal an immediate trading view.