WEC Energy Group (WEC) director shifts 1,749.6114 shares into phantom units

Rhea-AI Filing Summary

WEC Energy Group, Inc. reported an equity ownership change by one of its directors. On 01/02/2026, the director acquired 1,603 shares of common stock at a stated price of $0, bringing direct beneficial ownership of common shares to 5,013.6114 immediately after that transaction.

On the same date, the director disposed of 1,749.6114 shares of common stock in connection with the vesting of restricted stock originally granted on January 2, 2025. Instead of receiving those shares in stock, the director deferred them into 1,749.6114 phantom stock units under the Directors Deferred Compensation Plan, on a one-for-one basis. After these transactions, the director directly owns 3,264 common shares and 3,770.229 phantom stock units, with phantom units including amounts accrued through dividend reinvestment.

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

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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^*

Bie Ave M

(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	5,013.6114(1)	D
Common Stock	01/02/2026		D		1,749.6114	D	(2)	3,264	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)	3,770.229(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).
** 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.
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FAQ

What insider transaction did WEC (WEC) disclose in this Form 4?

A director of WEC Energy Group, Inc. reported acquiring 1,603 shares of common stock and disposing of 1,749.6114 shares on 01/02/2026, tied to restricted stock vesting and deferral into phantom stock units.

How many WEC Energy Group (WEC) common shares does the director now own?

Following the reported transactions, the director directly and beneficially owns 3,264 shares of WEC Energy Group common stock.

What are the phantom stock units reported for WEC (WEC) and how many are held?

The director holds 3,770.229 phantom stock units under the Directors Deferred Compensation Plan, each tied one-for-one to WEC Energy Group common stock and including units accrued through dividend reinvestment.

Why did the WEC Energy Group director dispose of 1,749.6114 shares of stock?

Upon vesting of restricted stock granted on January 2, 2025, the director deferred receipt of 1,749.6114 shares and instead received an equal number of phantom stock units, so the transaction is reported as a disposition of common stock in exchange for phantom units.

What price is shown for the 1,603 WEC Energy Group common shares acquired?

The acquisition of 1,603 common shares on 01/02/2026 is reported at a stated price of $0 per share, consistent with stock or dividend-related awards.

Does the WEC (WEC) filing mention dividend reinvestment for this director?

Yes. The footnotes state that the common shares and phantom stock units include amounts acquired pursuant to dividend reinvestment in transactions exempt from Section 16 under Rule 16a-11.