WEC Energy director awarded stock and phantom units

WEC Energy Group director Mary Ellen Stanek reported compensatory equity changes on January 2, 2026.

Rhea-AI Filing Summary

WEC Energy Group director Mary Ellen Stanek reported compensatory equity changes on January 2, 2026. She deferred 1,749.6114 shares of common stock and instead received an equal number of phantom stock units under the Directors Deferred Compensation Plan, while also receiving a grant of 1,603 common shares. After these transactions, she holds 4,204 common shares directly and 52,442.2932 phantom stock units, including amounts accrued through dividend reinvestment features.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider STANEK MARY ELLEN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	1,749.6114	$0.00	$0.00
Grant/Award	Common Stock	1,603	$0.00	$0.00
Disposition	Common Stock	1,749.6114	$0.00	$0.00

Holdings After Transaction: Phantom Stock Units — 52,442.2932 contracts (Direct); Common Stock — 4,204 shares (Direct)

Footnotes (5)

1. F1. Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.
2. F2. 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.
3. F3. One-for-one.
4. F4. These phantom stock units were accrued under the DDCP and are to be settled in accordance with the terms of the plan.
5. F5. 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 stock units granted: 1,749.6114 units Phantom stock units held after transactions: 52,442.2932 units Common shares granted: 1,603 shares +2 more

5 metrics

Phantom stock units granted 1,749.6114 units Grant/award acquisition on January 2, 2026 under the Directors Deferred Compensation Plan

Phantom stock units held after transactions 52,442.2932 units Total phantom stock units accrued, including dividend reinvestment features

Common shares granted 1,603 shares Compensatory grant of WEC common stock on January 2, 2026

Common shares exchanged for phantom units 1,749.6114 shares Disposition to issuer in exchange for an equal number of phantom stock units

Direct common stock holdings 4,204 shares Canonical post-transaction direct holding of WEC common stock

Key Terms

Phantom Stock Units, Directors Deferred Compensation Plan, dividend reinvestment, Rule 16a-11, +1 more

5 terms

Phantom Stock Units financial

"received 1,749.6114 phantom stock units pursuant to the Directors Deferred Compensation Plan"

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.

Directors Deferred Compensation Plan financial

"received 1,749.6114 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP)"

A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.

dividend reinvestment financial

"Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16"

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

Rule 16a-11 regulatory

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

Section 16 regulatory

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

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did WEC director Mary Ellen Stanek report in this Form 4?

Mary Ellen Stanek reported a grant of 1,749.6114 phantom stock units and a separate grant of 1,603 common shares on January 2, 2026. Both awards are compensatory, with the phantom units issued under the Directors Deferred Compensation Plan (DDCP).

How many WEC phantom stock units does Mary Ellen Stanek hold after these transactions?

After these transactions, Mary Ellen Stanek holds 52,442.2932 phantom stock units. These units include the newly received 1,749.6114 units and additional phantom stock units accrued through a dividend reinvestment feature under the Directors Deferred Compensation Plan.

How many WEC common shares does Mary Ellen Stanek own directly now?

Following the reported transactions, Mary Ellen Stanek directly owns 4,204 shares of WEC common stock. Her position reflects a grant of 1,603 shares and a disposition of 1,749.6114 shares in connection with deferring them into phantom stock units under the DDCP.

What was the nature of the 1,749.6114-share disposition reported by WEC director Stanek?

The reported disposition of 1,749.6114 common shares was an exchange into an equal number of phantom stock units under the Directors Deferred Compensation Plan. The footnotes state this occurred upon vesting of restricted stock originally granted on January 2, 2025.

How are WEC phantom stock units related to common stock for Mary Ellen Stanek?

The phantom stock units are described as one-for-one with WEC common stock. Stanek’s 1,749.6114 deferred shares became 1,749.6114 phantom stock units, which will be settled later in accordance with the terms of the Directors Deferred Compensation Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/06/2026 - 04:39 PM EST Learn about SEC filing dates

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 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)
01/02/2026

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	01/02/2026		A		1,603	A	$0	5,953.6114(1)	D
Common Stock	01/02/2026		D		1,749.6114	D	(2)	4,204	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
Phantom Stock Units	(3)	01/02/2026		A		1,749.6114		(4)	(4)	Common Stock	1,749.6114	(2)	52,442.2932(5)	D

Explanation of Responses:

1. Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.

2. 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.

3. One-for-one.

4. These phantom stock units were accrued under the DDCP and are to be settled in accordance with the terms of the plan.

5. 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	01/06/2026
	** 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).
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