WEC Energy (WEC) EVP exercises 4,665 options, then sells matching shares

Rhea-AI Filing Summary

WEC Energy Group executive Daniel Krueger exercised stock options and sold shares of company stock. On May 19, 2026, he exercised options to acquire 4,665 shares of WEC common stock at an exercise price of $58.305 per share, increasing his direct holdings.

That same day, he executed open-market sales totaling 4,665 shares of common stock in three blocks: 2,000 shares at a weighted average price of $110.8497, 1,000 shares at $110.9190, and 1,665 shares at $111.1142 per share. Following these transactions, Krueger directly holds 7,346 shares of WEC common stock.

He also has an indirect interest in 2,721.856 shares through the WEC Employee Retirement Savings Plan, based on a plan statement dated as of April 30, 2026. This pattern reflects a common exercise-and-sell sequence where options are converted into shares and then partially or fully sold.

Insights

Equity compensation and insider-trading analyst

Krueger exercised 4,665 options, then sold the same number of WEC shares.

EVP Daniel Krueger converted 4,665 stock options with a $58.305 exercise price into common shares, then sold 4,665 shares in three open-market transactions around $111 per share. This is a classic exercise-and-sell pattern converting option value into cash.

The filing shows no remaining derivative position in this option grant, as the derivativeSummary is empty after the exercise. After sales, Krueger holds 7,346 shares directly plus 2,721.856 shares indirectly via the Employee Retirement Savings Plan as of April 30, 2026, indicating he still retains equity exposure to WEC.

The weighted-average sale prices are supported by footnotes describing intraday price ranges, a standard disclosure for aggregated trades. With 4,665 shares sold versus 7,346 still held directly, the transaction looks like routine liquidity rather than a wholesale exit, based solely on this single Form 4 snapshot.

Insider Trade Summary

Net Seller: 4,665 shares ($517,624)

Net Sell 6 txns

Insider Krueger Daniel

Role EVP WEC Infrastructure

Sold 4,665 shs ($518K)

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy)	4,665	$0.00	--
Exercise	Common Stock	4,665	$58.305	$272K
Sale	Common Stock	2,000	$110.8497	$222K
Sale	Common Stock	1,000	$110.919	$111K
Sale	Common Stock	1,665	$111.1142	$185K
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct, null); Common Stock — 12,011 shares (Direct, null); Common Stock — 2,721.856 shares (Indirect, ERSP)

Footnotes (1)

1. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.80 to $110.88, inclusive. The reporting person undertakes to provide to WEC Energy Group, Inc. (WEC), any security holder of WEC, or the staff of the Securities and Exchange Commission (SEC), upon request, full information regarding the number of shares sold at each separate price within such range. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.89 to $110.94, inclusive. The reporting person undertakes to provide to WEC , any security holder of WEC, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within such range. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.10 to $111.195, inclusive. The reporting person undertakes to provide to WEC, any security holder of WEC, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within such range. Includes shares acquired under the WEC Employee Retirement Savings Plan (ERSP) in transactions exempt from Section 16(b) pursuant to Rule 16b-3(c) and exempt from reporting pursuant to Rule 16a-3(f)(1)(i)(B). The number of shares in the ERSP attributable to any one participant varies with the price of the Common Stock. The information in this report is based on a plan statement dated as of April 30, 2026.

Key Figures

Options exercised: 4,665 shares at $58.305 Shares sold block 1: 2,000 shares at $110.8497 Shares sold block 2: 1,000 shares at $110.9190 +3 more

6 metrics

Options exercised 4,665 shares at $58.305 Stock option exercise on May 19, 2026

Shares sold block 1 2,000 shares at $110.8497 Open-market sale of WEC common stock

Shares sold block 2 1,000 shares at $110.9190 Open-market sale of WEC common stock

Shares sold block 3 1,665 shares at $111.1142 Open-market sale of WEC common stock

Direct holdings after transactions 7,346 shares WEC common stock directly owned post-transaction

Indirect ERSP holdings 2,721.856 shares WEC shares in Employee Retirement Savings Plan as of April 30, 2026

Key Terms

weighted average price, Rule 16b-3(c), Rule 16a-3(f)(1)(i)(B), Employee Retirement Savings Plan (ERSP), +1 more

5 terms

weighted average price financial

"This price is a weighted average price. These shares were sold in multiple transactions at prices ranging..."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Rule 16b-3(c) regulatory

"Includes shares acquired under the WEC Employee Retirement Savings Plan (ERSP) in transactions exempt from Section 16(b) pursuant to Rule 16b-3(c)..."

An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.

Rule 16a-3(f)(1)(i)(B) regulatory

"…and exempt from reporting pursuant to Rule 16a-3(f)(1)(i)(B). The number of shares in the ERSP attributable..."

Employee Retirement Savings Plan (ERSP) financial

"Includes shares acquired under the WEC Employee Retirement Savings Plan (ERSP) in transactions exempt from Section 16(b)..."

stock option (right to buy) financial

"Stock Option (right to buy) transaction covering 4,665.0000 shares with an exercise price of 58.3050..."

Form 4 Insider Transactions: What Each Field Means →

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^*

Krueger Daniel

(Last) (First) (Middle)

231 W. MICHIGAN STREET

(Street)

MILWAUKEE WISCONSIN 53203

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WEC ENERGY GROUP, INC. [ WEC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP WEC Infrastructure

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	05/19/2026		M		4,665	A	$58.305	12,011	D
Common Stock	05/19/2026		S		2,000	D	$110.8497(1)	10,011	D
Common Stock	05/19/2026		S		1,000	D	$110.919(2)	9,011	D
Common Stock	05/19/2026		S		1,665	D	$111.1142(3)	7,346	D
Common Stock								2,721.856(4)	I	ERSP

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
Stock Option (right to buy)	$58.305	05/19/2026		M			4,665	01/03/2020	01/03/2027	Common Stock	4,665	$0	0	D

Explanation of Responses:

1. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.80 to $110.88, inclusive. The reporting person undertakes to provide to WEC Energy Group, Inc. (WEC), any security holder of WEC, or the staff of the Securities and Exchange Commission (SEC), upon request, full information regarding the number of shares sold at each separate price within such range.

2. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.89 to $110.94, inclusive. The reporting person undertakes to provide to WEC , any security holder of WEC, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within such range.

3. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.10 to $111.195, inclusive. The reporting person undertakes to provide to WEC, any security holder of WEC, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within such range.

4. Includes shares acquired under the WEC Employee Retirement Savings Plan (ERSP) in transactions exempt from Section 16(b) pursuant to Rule 16b-3(c) and exempt from reporting pursuant to Rule 16a-3(f)(1)(i)(B). The number of shares in the ERSP attributable to any one participant varies with the price of the Common Stock. The information in this report is based on a plan statement dated as of April 30, 2026.

Remarks:

	Joshua M. Erickson, as attorney in fact	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did WEC EVP Daniel Krueger report on this Form 4 for WEC?

Daniel Krueger reported exercising 4,665 WEC stock options at an exercise price of $58.305 per share, then selling 4,665 shares of WEC common stock in three open-market transactions at weighted-average prices around $111 per share on May 19, 2026.

How many WEC shares did Daniel Krueger sell and at what prices?

Krueger sold a total of 4,665 WEC shares. He sold 2,000 shares at a weighted-average price of $110.8497, 1,000 shares at $110.9190, and 1,665 shares at $111.1142, with detailed price ranges disclosed in the Form 4 footnotes.

How many WEC shares does Daniel Krueger own after these transactions?

After the transactions, Krueger directly owns 7,346 shares of WEC common stock. In addition, he has an indirect interest in 2,721.856 WEC shares through the WEC Employee Retirement Savings Plan, based on a plan statement dated as of April 30, 2026.

Did Daniel Krueger exercise stock options in this WEC Form 4 filing?

Yes. Krueger exercised stock options covering 4,665 shares of WEC common stock at an exercise price of $58.305 per share. The corresponding derivative position, a stock option right to buy 4,665 shares expiring on January 3, 2027, shows zero remaining following the exercise.

What is the significance of the weighted-average prices disclosed in the WEC Form 4 footnotes?

Each sale’s reported price is a weighted average across multiple trades within a narrow range. The footnotes state that individual trade prices for WEC shares spanned specific ranges around $110.80–$111.195, and that full trade details are available to WEC, its shareholders, or SEC staff upon request.

How are WEC shares held under the Employee Retirement Savings Plan reported for Daniel Krueger?

The Form 4 shows 2,721.856 WEC shares held indirectly through the WEC Employee Retirement Savings Plan. A footnote explains these ERSP shares are based on a plan statement dated April 30, 2026, and that the number attributable to any participant varies with WEC’s stock price.