Evidence in favour
- Participation spans 18 named insiders rather than one filing source.
- The latest qualifying evidence is fresh, dated 31 Jul 2026.
Company insider dossier
CMS Energy Corporation 5.6% JRSUB NT 78 insider intelligence
CMSA filings assessed for conviction, transaction quality, insider breadth, clustering, freshness, and price confirmation.
47/100
Balanced insider tape
86/100 confidence- Exchange
- NYSE
- Sector
- Utilities
- Industry
- Multiline Utilities
- Latest evidence
- 31 Jul 2026
Investment committee read
Balanced insider tape
Acquisition and disposal evidence is mixed after low-information compensation and derivative activity is separated out.
Wait for clearer clusteringDecision risks
- Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.
Price confirmation map
Weekly price with common-share events
Acquisitions and disposals are aligned to the nearest completed weekly bar.
Feb 2025Aug 2026
Weekly closeCommon-share acquisitionCommon-share disposal
Market confirmation
Price and trend context
- Latest close
- 20.72 USD
- One-week move
- -0.8%
- Four-week move
- -2.2%
- Fair-value gap
- -1.5%
- Trend signal
- Inactive
- Relative strength
- -14.9
Directional balance
Controlled event mix
11.1%acquisition
- Acquisition events
- 1
- Disposal events
- 8
- Net value
- -$3.8M
Cadence
Twelve-week filing pressure
Volume shows attention. Controlled events determine direction.
125 May
001 Jun
008 Jun
115 Jun
022 Jun
029 Jun
006 Jul
013 Jul
020 Jul
127 Jul
003 Aug
010 Aug
Named participants
Insider conviction by person
MADDIPATI, SRIKANTHEVP/CFO721 events
BUTLER, DEBORAH HDirector500 events
IZZO, RALPHDirector500 events
KEYES, RICHARD PATRICKDirector500 events
LEOPOLD, DIANEDirector500 events
RUSSELL, JOHN GDirector500 events
SHANK, SUZANNE F.Director500 events
SOTO, MYRNADirector500 events
SZNEWAJS, JOHN GDirector500 events
TANSKI, RONALD JDirector500 events
WRIGHT, LAURADirector500 events
BERRY, TONYA LExecutive Vice President & COO281 events
Evidence quality
Security and transaction context
Role architecture
Who is participating
Transaction evidence
Auditable CMSA filing ledger
Showing 1 to 27 of 27.
MADDIPATI, SRIKANTHEVP/CFO
AcquisitionCommon equity
200 sharesCommon Stock
$14.5KDirectional evidence
MADDIPATI, SRIKANTHEVP/CFO
AcquisitionCommon equity
10184 sharesCommon Stock
Not reportedContext evidence
HOFMEISTER, BRANDON J.Senior Vice President
DisposalCommon equity
3000 sharesCommon Stock
$222.9KDirectional evidence
BUTLER, DEBORAH HDirector
AcquisitionCommon equity
2411 sharesCommon Stock
Not reportedContext evidence
IZZO, RALPHDirector
AcquisitionCommon equity
2411 sharesCommon Stock
Not reportedContext evidence
KEYES, RICHARD PATRICKDirector
AcquisitionCommon equity
2411 sharesCommon Stock
Not reportedContext evidence
LEOPOLD, DIANEDirector
AcquisitionCommon equity
2411 sharesCommon Stock
Not reportedContext evidence
RUSSELL, JOHN GDirector
AcquisitionCommon equity
2411 sharesCommon Stock
Not reportedContext evidence
SHANK, SUZANNE F.Director
AcquisitionCommon equity
2411 sharesCommon Stock
Not reportedContext evidence
SOTO, MYRNADirector
AcquisitionCommon equity
2411 sharesCommon Stock
Not reportedContext evidence
SZNEWAJS, JOHN GDirector
AcquisitionCommon equity
2411 sharesCommon Stock
Not reportedContext evidence
TANSKI, RONALD JDirector
AcquisitionCommon equity
2411 sharesCommon Stock
Not reportedContext evidence
WRIGHT, LAURADirector
AcquisitionCommon equity
2411 sharesCommon Stock
Not reportedContext evidence
BERRY, TONYA LExecutive Vice President & COO
AcquisitionCommon equity
2021 sharesCommon Stock
Not reportedContext evidence
HAYES, REJJI PEVP/CFO
AcquisitionCommon equity
6316 sharesCommon Stock
Not reportedContext evidence
HOFMEISTER, BRANDON J.Senior Vice President
AcquisitionCommon equity
2863 sharesCommon Stock
Not reportedContext evidence
JOHNSON, SHAUN MExecutive Vice President & CLO
DisposalCommon equity
3284 sharesCommon Stock
Not reportedContext evidence
MCINTOSH, SCOTT BVP, Controller, CAO
AcquisitionCommon equity
1028 sharesCommon Stock
Not reportedContext evidence
ROCHOW, GARRICK JDirector, President and CEO
AcquisitionCommon equity
19681 sharesCommon Stock
Not reportedContext evidence
SNYDER, LAUREN YSenior Vice President
AcquisitionCommon equity
674 sharesCommon Stock
Not reportedContext evidence
ROCHOW, GARRICK JDirector, President and CEO
DisposalCommon equity
25833 sharesCommon Stock
$2.0MDirectional evidence
HAYES, REJJI PEVP/CFO
DisposalCommon equity
8290 sharesCommon Stock
$632.8KDirectional evidence
JOHNSON, SHAUN MExecutive Vice President & CLO
DisposalCommon equity
4311 sharesCommon Stock
$329.1KDirectional evidence
HOFMEISTER, BRANDON J.Senior Vice President
DisposalCommon equity
3759 sharesCommon Stock
$286.9KDirectional evidence
BERRY, TONYA LExecutive Vice President & COO
DisposalCommon equity
2642 sharesCommon Stock
$201.7KDirectional evidence
MCINTOSH, SCOTT BVP, Controller, CAO
DisposalCommon equity
1197 sharesCommon Stock
$91.4KDirectional evidence
SNYDER, LAUREN YSenior Vice President
DisposalCommon equity
574 sharesCommon Stock
$43.8KDirectional evidence
Reading the dossier
Direction and confidence are separate
Conviction
The 0 to 100 score classifies deduplicated priced common-share evidence. Fifty is balanced or non-directional.
Confidence
Confidence rises with controlled event depth, named-insider breadth, fresh evidence, normalized values, and a longer observation span.
Disposals
Selling is not treated as the mirror image of buying. It carries less directional weight because taxes, diversification, compensation, and planned transactions can all create sales.
Price confirmation
The market chart tests whether the filing thesis is being confirmed or rejected by price, fair-value position, relative strength, and the current trend state.
Independent market research for education. This classification is not investment advice, a recommendation, a forecast, or an execution instruction.