WEC Energy director granted phantom stock units

STANEK MARY ELLEN reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

STANEK MARY ELLEN reported acquisition or exercise transactions in this Form 4 filing.

WEC Energy Group director Mary Ellen Stanek reported a grant of 309.8291 Phantom Stock Units tied to deferred director fees. The units were valued at $117.0000 per unit on the grant date and are credited under the company’s Director's Deferred Compensation Plan.

Following this award, Stanek holds a total of 54,299.0755 Phantom Stock Units. The units are structured on a one-for-one basis with WEC common stock and include amounts accrued through a dividend reinvestment feature, all to be settled according to the plan’s terms.

Insider Trade Summary

Grant/Award: 309.8291 shares

Grant/Award 1 txn

Insider STANEK MARY ELLEN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	309.8291	$117.00	$36K

Holdings After Transaction: Phantom Stock Units — 54,299.0755 contracts (Direct)

Footnotes (4)

1. F1. One-for-one.
2. F2. 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. F3. 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. F4. 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.

Key Figures

Phantom units granted: 309.8291 units Reference value per unit: $117.0000 per unit Total phantom units after grant: 54,299.0755 units +3 more

6 metrics

Phantom units granted 309.8291 units Grant of Phantom Stock Units on 2026-07-08

Reference value per unit $117.0000 per unit Transaction price for Phantom Stock Units

Total phantom units after grant 54,299.0755 units Holdings following the reported transaction

Underlying common stock link 1:1 ratio One-for-one relationship with common stock

Section 16(b) exemption rule Rule 16b-3(d) Applies to acquisition via fee deferral

Dividend reinvestment rule Rule 16a-11 Covers units from dividend reinvestment feature

Key Terms

Phantom Stock Units, Director's Deferred Compensation Plan (DDCP), Rule 16b-3(d), Rule 16a-11, +1 more

5 terms

Phantom Stock Units financial

"These phantom stock units were acquired pursuant to a deferral of director fees"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Director's Deferred Compensation Plan (DDCP) financial

"These phantom stock units were accrued under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP)"

Rule 16b-3(d) regulatory

"acquired pursuant to a deferral of director fees in an acquisition exempt from Section 16(b) pursuant to Rule 16b-3(d)"

Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.

Rule 16a-11 regulatory

"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"

Section 16(b) regulatory

"in an acquisition exempt from Section 16(b) pursuant to Rule 16b-3(d)"

A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did WEC (WEC) report for Mary Ellen Stanek?

WEC Energy Group director Mary Ellen Stanek received 309.8291 Phantom Stock Units as a grant tied to deferred director fees. The award is reported as an acquisition of derivative securities rather than an open-market stock purchase or sale.

How many WEC (WEC) Phantom Stock Units does Mary Ellen Stanek hold after this grant?

After the latest grant, Mary Ellen Stanek holds 54,299.0755 Phantom Stock Units. This total includes units from prior deferrals and additional units accrued through a dividend reinvestment feature under the Director's Deferred Compensation Plan.

What was the reference value per WEC (WEC) Phantom Stock Unit in this Form 4 filing?

The Phantom Stock Units were valued at $117.0000 per unit on the transaction date. This value is used for accounting and reporting purposes under the Director's Deferred Compensation Plan rather than representing an open-market trade price.

How are WEC (WEC) Phantom Stock Units linked to common stock for this director award?

The filing notes a one-for-one relationship between Phantom Stock Units and WEC common stock. This means each unit is economically tied to one share of common stock, with settlement occurring later under the Director's Deferred Compensation Plan terms.

How were these WEC (WEC) Phantom Stock Units for Mary Ellen Stanek acquired?

The units were acquired through a deferral of director fees into the Director's Deferred Compensation Plan. The filing states the acquisition is exempt from Section 16(b) under Rule 16b-3(d), indicating it is a compensation-related, plan-based transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/09/2026 - 04:33 PM EDT Learn about SEC filing dates

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^*

STANEK MARY ELLEN

(Last) (First) (Middle)

231 WEST 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/08/2026

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

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)	07/08/2026		A		309.8291(2)		(3)	(3)	Common Stock	309.8291	$117	54,299.0755(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	07/09/2026
	** 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)