WEC Energy Group (WEC) director updates stock and phantom unit holdings
Rhea-AI Filing Summary
WEC Energy Group, Inc. reported an insider equity transaction by a director for activity on January 2, 2026. The director acquired 1,603 shares of common stock at $0, and after this and related activity held 1,689 shares of common stock directly.
The filing also shows the disposition of 1,749.6114 shares of common stock in exchange for an equal number of phantom stock units under the Directors Deferred Compensation Plan following the vesting of restricted stock originally granted on January 2, 2025. After these transactions, the director beneficially owned 11,019.4723 phantom stock units, which are designed to mirror common stock on a one-for-one basis and are settled according to the plan’s terms.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 1,749.611 | $0.00 | -- |
| Grant/Award | Common Stock | 1,603 | $0.00 | -- |
| Disposition | Common Stock | 1,749.611 | $0.00 | -- |
Footnotes (1)
- Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11. In connection with the vesting of restricted stock granted to the reporting person on January 2, 2025, the reporting person deferred receipt of 1,749.6114, shares of common stock and instead received 1,749.6114 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, the reporting person is reporting the disposition of 1,749.6114 shares of common stock in exchange for an equal number of phantom stock units. One-for-one. These phantom stock units were accrued under the 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.
FAQ
What insider transaction did WEC (WEC Energy Group, Inc.) report on January 2, 2026?
The company reported that a director acquired 1,603 shares of common stock at $0 and disposed of 1,749.6114 shares of common stock in connection with a deferral election into phantom stock units.
What are the phantom stock units reported for WEC (WEC Energy Group, Inc.)?
The filing shows the director received 1,749.6114 phantom stock units under the Directors Deferred Compensation Plan, on a one-for-one basis with common stock, and held a total of 11,019.4723 phantom stock units afterward.
Does the WEC director transaction involve a deferred compensation plan?
Yes. The director’s disposition of 1,749.6114 shares and acquisition of an equal number of phantom stock units occurred under the Directors Deferred Compensation Plan (DDCP), which also includes dividend reinvestment features.
How are dividend reinvestments reflected in this WEC Energy Group Form 4?
The filing notes that the reported holdings include shares and phantom stock units acquired through dividend reinvestment in transactions exempt from Section 16 under Rule 16a-11.