WEC Energy (NYSE: WEC) director defers fees into phantom stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

WEC Energy Group director Mary Ellen Stanek acquired additional phantom stock units through deferred director fees. She received 308.734 phantom stock units, each linked one-for-one to WEC common stock, at a reference price of $117.415 per unit. Following this grant, her balance under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP) increased to 53,525.009 phantom stock units, including amounts accrued through a dividend reinvestment feature. These awards are settled in accordance with the DDCP’s terms and are exempt transactions under Section 16 rules.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider STANEK MARY ELLEN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	308.734	$117.415	$36K

Holdings After Transaction: Phantom Stock Units — 53,525.009 shares (Direct)

Footnotes (1)

One-for-one. 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). 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. 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: 308.734 units Reference price per unit: $117.415 per unit Total phantom units after grant: 53,525.009 units

3 metrics

Phantom units granted 308.734 units Grant of phantom stock units tied to deferred director fees

Reference price per unit $117.415 per unit Phantom stock units valued one-for-one with common stock

Total phantom units after grant 53,525.009 units Director's phantom stock unit balance following this award

Key Terms

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

4 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

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

Rule 16a-11 regulatory

"transactions exempt from Section 16 pursuant to Rule 16a-11"

Form 4 Insider Transactions: What Each Field Means →

04/08/2026 - 04:20 PM

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)
04/07/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾	04/07/2026		A		308.734⁽²⁾		⁽³⁾	⁽³⁾	Common Stock	308.734	$117.415	53,525.009⁽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	04/08/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did WEC (WEC) director Mary Ellen Stanek report in this Form 4?

Mary Ellen Stanek reported receiving 308.734 phantom stock units as a grant tied to deferred director fees. These units reference WEC common stock one-for-one and increase her DDCP balance to 53,525.009 phantom units under the company’s deferred compensation plan.

Is the WEC (WEC) Form 4 transaction a stock purchase or sale?

The Form 4 shows an acquisition of phantom stock units as compensation, not an open‑market stock purchase or sale. The transaction is coded “A” for a grant or award and is exempt from Section 16(b) under Rule 16b‑3(d), reflecting deferred fees.

How many phantom stock units does Mary Ellen Stanek hold after this WEC transaction?

After receiving 308.734 additional phantom stock units, Mary Ellen Stanek holds 53,525.009 phantom stock units. This total includes units granted through deferred director fees and those accrued via a dividend reinvestment feature under WEC’s Director's Deferred Compensation Plan.

What price per unit is associated with the WEC phantom stock unit grant?

The phantom stock unit grant is tied to a reference price of $117.415 per unit, matching WEC common stock on a one‑for‑one basis. This price is used for accounting the deferred director fees into phantom units within the company’s deferred compensation plan.

What plan governs the phantom stock units reported in WEC’s Form 4?

The phantom stock units are accrued under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP). Units are acquired through fee deferrals and dividend reinvestment, and they will be settled according to the DDCP’s terms, rather than through immediate stock deliveries.