WEC Form 4: Scott Lauber reports Stock Plus purchase and offsetting sales
Rhea-AI Filing Summary
Scott J. Lauber, a director and the President and CEO of WEC Energy Group, reported same-day equity activity on 08/08/2025. He acquired 9,231 common shares through WEC's Stock Plus dividend reinvestment plan (exempt under Rule 16a-11) and sold 1,911 shares at a weighted-average price of $111.0535 and 7,320 shares at a weighted-average price of $110.8314. Following these transactions he beneficially owns 56,442.7675 common shares directly and holds an indirect ERSP balance of 6,636.0504 shares. The filing also reports stock options with an exercise price of $58.305 that underlie 9,231 shares (expiration 01/03/2027) and shows 8,089 derivative securities reported as beneficially owned.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider activity—dividend reinvestment purchase offset by market sales; option holdings remain outstanding.
The Form 4 shows a non-event from a market-impact perspective: Lauber acquired 9,231 shares via dividend reinvestment and sold an equal total of 9,231 shares across two weighted-average sale prices of $111.0535 and $110.8314. The transactions appear executed through routine company plans and open-market sales rather than extraordinary corporate developments. Option holdings remain at an exercise price of $58.305 with expiration 01/03/2027, indicating continued long-term incentive alignment rather than immediate liquidity-driven exercise activity.
TL;DR: Disclosures align with standard insider-plan and ERSP exemptions; no governance red flags in the report.
The report documents purchases via the Stock Plus dividend reinvestment plan (Rule 16a-11) and ERSP allocations exempt under Rule 16b-3(c) and Rule 16a-3(f)(1)(i)(B). Sales were reported with weighted-average prices and the filer committed to provide price breakdowns on request, which is consistent with good disclosure practice. The Form 4 was filed for one reporting person and includes an attorney-in-fact signature, meeting procedural filing norms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 9,231 | $0.00 | -- |
| Exercise | Common Stock | 9,231 | $58.305 | $538K |
| Sale | Common Stock | 1,911 | $111.0535 | $212K |
| Sale | Common Stock | 7,320 | $110.8314 | $811K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes shares acquired pursuant to a dividend reinvestment feature of WEC Energy Group's ("WEC") Stock Plus Investment Plan in transactions exempt from Section 16 pursuant to Rule 16a-11. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.015 to $111.11, inclusive. The reporting person undertakes to provide to WEC, any security holder of WEC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.62 to $111.0925, inclusive. The reporting person undertakes to provide to WEC, any security holder of WEC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range. Includes shares acquired under WEC Energy Group, Inc.'s Employee Retirement Savings Plan (ERSP) in transactions exempt from Section 16(b) pursuant to Rule 16b-3(c) and exempt from reporting pursuant to Rule 16a-3(f)(1)(i)(B). The number of shares in the ERSP attributable to any one participant varies with the price of the Common Stock. The information in this report is based on a plan statement dated as of July 31, 2025. Options vest 100% on the date indicated.
