STOCK TITAN

Form 4: Payne Ulice Jr reports sale of 1,620 WEC shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Payne Ulice Jr, identified as a director of WEC Energy Group, reported a sale of company common stock on 08/07/2025. The Form 4 discloses a disposition of 1,620 shares at a reported price of $110.996 per share. Following the reported transaction, the filing shows beneficial ownership of 20,359.7756 shares (direct). The document includes an explanatory note that certain shares were acquired under a dividend reinvestment plan and therefore were exempt from Section 16 in those transactions. The Form 4 was signed by Joshua M. Erickson, as attorney-in-fact, on 08/11/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine insider sale reported; disclosed amounts are specific but not presented as materially transformative.

The filing documents a sale by director Payne Ulice Jr of 1,620 WEC shares on 08/07/2025 at a reported price of $110.996. The report shows 20,359.7756 shares held following the transaction. The disclosure is explicit and quantifiable, and the filing was executed by an attorney-in-fact on 08/11/2025. The form includes a note about dividend reinvestment purchases that were exempt from Section 16 reporting. Based solely on the disclosed figures, this appears to be a routine Form 4 sale with no additional material context in the document to indicate a broader corporate development.

TL;DR: Form 4 appears properly completed and signed; transaction and post-sale ownership are disclosed.

The report identifies the reporting person as a director and checks that the filing is by one reporting person. The Form 4 lists the transaction date, number of shares disposed (1,620), the per-share price ($110.996), and the beneficial ownership after the sale (20,359.7756 shares). The filing was signed by an attorney-in-fact, consistent with authorized reporting practices. The explanatory remark about dividend reinvestment clarifies that certain acquisitions were exempt under Rule 16a-11. From a governance and compliance perspective, the disclosure in this document is straightforward and complete as presented.

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*
PAYNE ULICE JR

(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)
08/07/2025
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
Common Stock 08/07/2025 S 1,620 D $110.996 20,359.7756(1) D
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
Explanation of Responses:
1. Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.
Remarks:
Joshua M. Erickson, as attorney in fact 08/11/2025
** 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

Who reported the insider transaction for WEC (WEC)?

The reporting person is Payne Ulice Jr, identified in the filing as a director of WEC Energy Group.

What transaction is disclosed on the WEC Form 4?

The Form 4 discloses a disposition of 1,620 common shares of WEC on 08/07/2025 with a reported price of $110.996 per share.

How many WEC shares did the filer own after the reported transaction?

The filing shows beneficial ownership of 20,359.7756 shares (direct) following the reported transaction.

When was the Form 4 filed and who signed it?

The Form 4 was signed by Joshua M. Erickson, as attorney-in-fact, on 08/11/2025.

Does the filing include any explanatory notes about the shares?

Yes. The filing states that it includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 under Rule 16a-11.

Was the Form 4 filed by multiple reporting persons?

No. The filing indicates it was a Form filed by one reporting person.
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