STOCK TITAN

WEC Energy Group (WEC) director adds phantom stock via fee deferral

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WEC Energy Group, Inc. director Lane Thomas K reported an acquisition of derivative securities tied to the company’s common stock. On 01/08/2026, the director acquired 377.7416 phantom stock units at $105.8925 per unit under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP). Each phantom stock unit is described as a one-for-one equivalent to a share of common stock for plan purposes.

The filing notes that these units were obtained through a deferral of director fees in a transaction exempt from certain short-swing profit rules and that additional units can accrue through a dividend reinvestment feature. Following this transaction, the director beneficially owns 17,290.54 phantom stock units on a direct basis.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lane Thomas K

(Last) (First) (Middle)
231 WEST MICHIGAN STREET

(Street)
MILWAUKEE WI 53203

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WEC ENERGY GROUP, INC. [ WEC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units (1) 01/08/2026 A 377.7416(2) (3) (3) Common Stock 377.7416 $105.8925 17,290.54(4) D
Explanation of Responses:
1. One-for-one.
2. These phantom stock units were acquired pursuant to a deferral of director fees in an acquisition exempt from Section 16(b) pursuant to Rule 16b-3(d).
3. These phantom stock units were accrued under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP) and are to be settled in accordance with the terms of the plan.
4. Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the DDCP in transactions exempt from Section 16 pursuant to Rule 16a-11.
Remarks:
Joshua M. Erickson, as attorney in fact 01/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did WEC (WEC Energy Group, Inc.) report for Lane Thomas K?

The filing shows that director Lane Thomas K acquired 377.7416 phantom stock units tied to WEC Energy Group, Inc. common stock on 01/08/2026.

At what price were the WEC phantom stock units acquired in this Form 4?

The 377.7416 phantom stock units were acquired at a price of $105.8925 per unit, according to the reported transaction details.

How many WEC phantom stock units does the director own after this transaction?

After the reported acquisition, the director beneficially owns 17,290.54 phantom stock units, held as a direct interest under the deferred compensation arrangements.

What plan governs the phantom stock units reported for WEC director Lane Thomas K?

The phantom stock units are accrued under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP) and are to be settled in accordance with that plan’s terms.

How were the WEC phantom stock units acquired by the director?

The filing states that these phantom stock units were acquired through a deferral of director fees in an acquisition exempt from Section 16(b) under Rule 16b-3(d).

Do dividend equivalents affect the WEC phantom stock units held by the director?

Yes. The total includes phantom stock units accrued through a dividend reinvestment feature of the DDCP in transactions exempt under Rule 16a-11.
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