WEC Energy Group (NYSE: WEC) director sells 980 shares in August trade
Rhea-AI Filing Summary
WEC ENERGY GROUP, INC. director Ulice Jr Payne reported an open-market sale of 980 shares of common stock on 2026-08-11 at a price of $105.58 per share. Following this transaction, he directly holds 19,588.256 shares, which include shares acquired through dividend reinvestment transactions exempt under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 980 shares
Net Sell
1 txn
Insider
PAYNE ULICE JR
Role
Director
Sold
980 shs ($103K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 980 | $105.58 | $103K |
Holdings After Transaction:
Common Stock — 19,588.256 shares (Direct)
Footnotes (1)
- F1. Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.
Key Figures
Shares sold: 980 shares
Sale price per share: $105.58 per share
Shares held after sale: 19,588.256 shares
+1 more
4 metrics
Shares sold
980 shares
Common stock sale on 2026-08-11 by director Ulice Jr Payne
Sale price per share
$105.58 per share
Reported price for the 980 common shares sold
Shares held after sale
19,588.256 shares
Directly owned common stock following the transaction, including dividend reinvestment shares
Net shares sold
980 shares
Net sell direction per transactionSummary (net-sell)
Key Terms
Section 16, Rule 16a-11, dividend reinvestment, non-derivative
4 terms
Section 16 regulatory
"transactions exempt from Section 16 pursuant to Rule 16a-11"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-11 regulatory
"pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11"
dividend reinvestment financial
"Includes shares acquired pursuant to dividend reinvestment in transactions exempt"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did WEC (WEC Energy Group) report for Ulice Jr Payne?
Ulice Jr Payne, a director of WEC Energy Group, reported selling 980 shares of common stock on 2026-08-11. The transaction was coded as a sale in the open market or private transaction under SEC Form 4 reporting rules.
Was the WEC insider sale by Ulice Jr Payne under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating the trade was made under a Rule 10b5-1 plan. The transaction is therefore not identified in the document as pursuant to such a pre-arranged plan.
Did the WEC filing show any derivative security transactions for Ulice Jr Payne?
No derivative security transactions are reported for Ulice Jr Payne in this Form 4. The derivativeSummary is empty, and the filing lists only a single non-derivative common stock sale, with no options or other derivatives exercised or converted.
AI-generated analysis. How Rhea-AI works. Not financial advice.