CMS ENERGY CORP

Ticker: CMS CUSIP: 125896100 Class: COM

INCEPTIONR LLC's Holding History (CIK: 0001821561)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 11,760 Value ($000) $822 Avg Close $72.50 Range $68.82 - $75.54

Q4 2024

Shares 17,876 Value ($000) $1,191 Avg Close $66.51 Range $62.68 - $69.72

Q4 2023

Shares 5,291 Value ($000) $307 Avg Close $52.28 Range $46.41 - $56.68

Q1 2023

Shares 16,331 Value ($000) $1,002 Avg Close $56.09 Range $52.20 - $59.70

Q4 2022

Shares 21,104 Value ($000) $1,337 Avg Close $53.55 Range $47.22 - $59.39

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	11,760	$822	$72.50	$68.82 - $75.54
Q4 2024	17,876	$1,191	$66.51	$62.68 - $69.72
Q4 2023	5,291	$307	$52.28	$46.41 - $56.68
Q1 2023	16,331	$1,002	$56.09	$52.20 - $59.70
Q4 2022	21,104	$1,337	$53.55	$47.22 - $59.39