WEC Energy director granted phantom stock units
WEC Energy Group director Lane Thomas K acquired 267.094 phantom stock units tied one-for-one to common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
WEC Energy Group director Lane Thomas K acquired 267.094 phantom stock units tied one-for-one to common stock. These units were granted at $117.00 per unit through a deferral of director fees under the company’s Director's Deferred Compensation Plan.
Following this award, Thomas directly holds a total of 18,149.2432 phantom stock units, which are to be settled in line with the plan’s terms and include amounts accrued through a dividend reinvestment feature.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 267.094 | $117.00 | $31K |
Footnotes (4)
- F1. One-for-one.
- 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).
- 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.
- 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
Key Terms
Phantom Stock Units financial
Director's Deferred Compensation Plan financial
Rule 16b-3(d) regulatory
Rule 16a-11 regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.