WEC Energy Group (NYSE: WEC) director shifts common stock into phantom units
Rhea-AI Filing Summary
WEC Energy Group, Inc. director reported equity-related transactions dated 01/02/2026. The director acquired 1,603 shares of common stock at a stated price of $0, increasing the directly held common stock position to 5,953.6114 shares before a related disposition.
On the same date, the director disposed of 1,749.6114 shares of common stock in connection with the vesting of restricted stock granted on January 2, 2025 and, under the company’s Directors Deferred Compensation Plan, deferred receipt of those shares in exchange for 1,749.6114 phantom stock units. Following these transactions, the director held 4,204 shares of common stock and 52,442.2932 phantom stock units directly, with phantom units including amounts accrued through dividend reinvestment features.
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FAQ
What insider transaction did WEC (WEC) report for its director on January 2, 2026?
A director of WEC Energy Group, Inc. reported acquiring 1,603 shares of common stock and disposing of 1,749.6114 shares of common stock on 01/02/2026, with the disposition tied to vesting and deferral of restricted stock.
How many WEC Energy Group (WEC) shares does the director hold after these transactions?
After the reported transactions, the director directly beneficially owned 4,204 shares of WEC Energy Group common stock.
How many phantom stock units does the WEC (WEC) director hold after the filing?
Following the transactions, the director directly held 52,442.2932 phantom stock units under the Directors Deferred Compensation Plan, including units accrued through dividend reinvestment.
What is the nature of the 1,749.6114 phantom stock units reported by the WEC director?
The 1,749.6114 phantom stock units were received when the director deferred the same number of vested restricted shares under the Directors Deferred Compensation Plan, exchanging common stock for phantom units on a one-for-one basis.
Were any of the WEC Energy Group director’s transactions related to dividend reinvestment?
Yes. The filing notes that certain shares and phantom stock units include amounts acquired pursuant to dividend reinvestment in transactions exempt from Section 16 under Rule 16a-11.
What relationship does the reporting person have to WEC Energy Group (WEC)?
The reporting person is identified as a Director of WEC Energy Group, Inc. and files individually as one reporting person.