CMS Energy (CMS) SVP granted 2,863 performance shares, 3,759 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CMS Energy Senior Vice President Brandon J. Hofmeister received 2,863 shares of Common Stock as a performance-based restricted stock award on March 26, 2026, after CMS exceeded criteria set under a 2023 Restricted Stock Award. These shares were granted at $0.00 per share as equity compensation.
On the same date, 3,759 shares of Common Stock were disposed of at $76.33 per share solely to satisfy tax obligations related to equity awards, not as an open‑market sale. Following these transactions, he directly holds 70,111 shares and indirectly holds 3 shares in custodial accounts for children.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hofmeister Brandon J.
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,863 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,759 | $76.33 | $287K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 73,870 shares (Direct);
Common Stock — 3 shares (Indirect, Custodial Accounts for Children)
Footnotes (1)
- Shares of Common Stock of CMS Energy Corporation ("CMS") were acquired as a result of CMS exceeding certain performance criteria established under the 2023 Restricted Stock Award granted to the reporting person in accordance with the provisions of the CMS Performance Incentive Stock Plan. The total holdings reflect an adjustment of 54 additional shares of Common Stock of CMS acquired as a result of dividend reinvestment or equivalents pursuant to the Restricted Stock awards granted in accordance with the provisions of the CMS Performance Incentive Stock Plan.
Key Figures
Restricted stock award: 2,863 shares
Tax-withholding shares: 3,759 shares at $76.33
Direct holdings after transactions: 70,111 shares
+2 more
5 metrics
Restricted stock award
2,863 shares
Performance-based Common Stock granted on March 26, 2026
Tax-withholding shares
3,759 shares at $76.33
Shares delivered to cover tax liability on equity awards
Direct holdings after transactions
70,111 shares
CMS Common Stock directly held by Brandon Hofmeister
Indirect custodial holdings
3 shares
Custodial accounts for children reported as indirect ownership
Dividend reinvestment adjustment
54 shares
Additional shares credited via dividend reinvestment or equivalents
Key Terms
Restricted Stock Award, CMS Performance Incentive Stock Plan, tax-withholding disposition, dividend reinvestment or equivalents, +1 more
5 terms
Restricted Stock Award financial
"were acquired as a result of CMS exceeding certain performance criteria established under the 2023 Restricted Stock Award"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
CMS Performance Incentive Stock Plan financial
"granted to the reporting person in accordance with the provisions of the CMS Performance Incentive Stock Plan"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
dividend reinvestment or equivalents financial
"shares of Common Stock of CMS acquired as a result of dividend reinvestment or equivalents pursuant to the Restricted Stock awards"
Custodial Accounts for Children financial
"nature_of_ownership: "Custodial Accounts for Children""
FAQ
What did CMS (CMS) executive Brandon Hofmeister report in this Form 4?
Brandon Hofmeister reported receiving 2,863 CMS common shares as a performance-based restricted stock award and a related tax-withholding disposition of 3,759 shares. After these transactions, he holds 70,111 shares directly and 3 shares indirectly in custodial accounts for children.
Is the CMS (CMS) Form 4 transaction an open-market purchase or sale?
The Form 4 does not show any open-market purchase or sale. It reports an equity compensation grant of 2,863 shares and a tax-withholding disposition of 3,759 shares at $76.33, which covers tax liabilities on equity awards rather than reflecting discretionary trading activity.
Does the CMS (CMS) Form 4 mention dividend reinvestment or equivalents?
Yes. A footnote explains total holdings include 54 additional CMS common shares acquired through dividend reinvestment or equivalent credits linked to prior restricted stock awards under the CMS Performance Incentive Stock Plan. These incremental shares are reflected in the reported post-transaction holdings.