WEC Energy (NYSE: WEC) director boosts deferred phantom stock holdings
Rhea-AI Filing Summary
WEC Energy Group, Inc. director Mary Ellen Stanek reported an update to her deferred equity-based compensation. On January 8, 2026, she acquired 342.3283 phantom stock units of WEC common stock at a reference value of $105.8925 per unit. These units are part of a derivative-based compensation arrangement rather than regular shares.
The phantom stock units were acquired through a deferral of director fees under WEC Energy Group, Inc.'s Director's Deferred Compensation Plan (DDCP), in a transaction described as exempt from certain Section 16 rules. After this acquisition, Stanek beneficially held a total of 52,784.6215 phantom stock units, which are to be settled in accordance with the DDCP's terms and include units accumulated through a dividend reinvestment feature.
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FAQ
What insider transaction did WEC (WEC) report for Mary Ellen Stanek?
WEC Energy Group, Inc. reported that director Mary Ellen Stanek acquired 342.3283 phantom stock units of WEC common stock on January 8, 2026 as a derivative securities transaction.
What are the terms of the phantom stock units reported by WEC (WEC)?
The reported phantom stock units are credited one-for-one with WEC common shares and were valued at $105.8925 per unit for this transaction, under the company’s Director's Deferred Compensation Plan (DDCP).
How many WEC (WEC) phantom stock units does Mary Ellen Stanek hold after this transaction?
Following the reported acquisition, Mary Ellen Stanek beneficially owned a total of 52,784.6215 phantom stock units related to WEC common stock.
How did Mary Ellen Stanek acquire the new WEC (WEC) phantom stock units?
The 342.3283 phantom stock units were acquired through a deferral of director fees in a transaction described as exempt from Section 16(b) under Rule 16b-3(d).
What plan governs the WEC (WEC) phantom stock units held by Mary Ellen Stanek?
The phantom stock units were accrued under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP) and will be settled according to that plan’s terms.
Do the WEC (WEC) phantom stock units include dividend-related accruals?
Yes. The total reported holdings include phantom stock units accrued through a dividend reinvestment feature of the DDCP in transactions exempt under Rule 16a-11.