WEC Insider Filing: Director’s Fee Deferred into 292.9179 Units
Rhea-AI Filing Summary
Mary Ellen Stanek, a director of WEC Energy Group, Inc. (WEC), acquired 292.9179 phantom stock units on 10/07/2025 through deferral of director fees under the company's Director's Deferred Compensation Plan (DDCP). Each unit converts one-for-one into common stock on settlement, and the filing reports a per-share reference price of $115.22. After this transaction and accumulated units (including dividend reinvestment), the reporting person beneficially owns 50,286.9585 units. The units were acquired under exemptions described in Rule 16b-3(d) and Rule 16a-11 and will be settled according to the DDCP's terms.
Positive
- Director aligned with shareholders by deferring director fees into phantom stock units (292.9179 units).
- One-for-one conversion into common stock provides direct economic alignment at a reference price of $115.22.
Negative
- Potential future share issuance upon settlement of DDCP units could modestly increase outstanding share equivalents (total 50,286.9585 units reported).
Insights
Director fee deferral increased insider share-aligned compensation.
The acquisition of 292.9179 phantom stock units via fee deferral shows a director choosing equity-linked compensation rather than cash, which aligns long-term interests with shareholders because units convert one-for-one into common stock at settlement.
This structure depends on the DDCP's settlement terms and timing; the filing notes dividend reinvestment increased holdings to 50,286.9585 units. Watch the plan's settlement schedule for actual share issuance timing and potential short-term dilution effects within the next reporting cycle.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 292.918 | $115.22 | $34K |
Footnotes (1)
- One-for-one. 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). 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. 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.