[Form 4] WEC Energy Group, Inc. Insider Trading Activity

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.

Insights

Financial Analyst

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.

Corporate Governance Expert

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.

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

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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^*

Lauber Scott J

(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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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	08/08/2025		M		9,231	A	$58.305	65,673.7675(1)	D
Common Stock	08/08/2025		S		1,911	D	$111.0535(2)	63,762.7675(1)	D
Common Stock	08/08/2025		S		7,320	D	$110.8314(3)	56,442.7675(1)	D
Common Stock								6,636.0504(4)	I	ERSP

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
Stock Option (right to buy)	$58.305	08/08/2025		M			9,231	01/03/2020(5)	01/03/2027	Common Stock	9,231	$0	8,089	D

Explanation of Responses:

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.

2. 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.

3. 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.

4. 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.

5. Options vest 100% on the date indicated.

Remarks:

	Joshua M. Erickson, as attorney in fact	08/12/2025
	** 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.

FAQ

What transactions did Scott Lauber report for WEC (WEC) on 08/08/2025?

He acquired 9,231 shares via the Stock Plus dividend reinvestment plan and sold 1,911 shares at $111.0535 (weighted average) and 7,320 shares at $110.8314 (weighted average).

How many WEC shares does Lauber beneficially own after the reported transactions?

He directly beneficially owns 56,442.7675 shares and indirectly holds 6,636.0504 shares through the ERSP.

What option holdings were disclosed by Lauber in this Form 4?

Stock options with an exercise price of $58.305 underlying 9,231 shares (exercise date 01/03/2020, expiration 01/03/2027) and 8,089 derivative securities reported as beneficially owned.

Were any transactions exempt from Section 16 reporting?

Yes. The 9,231 acquisition was via the Stock Plus dividend reinvestment plan and is exempt under Rule 16a-11; ERSP shares are noted as exempt under Rule 16b-3(c) and Rule 16a-3(f)(1)(i)(B).

Who signed or filed the Form 4 for Scott Lauber?

The form was filed by one reporting person (Scott J. Lauber) and the signature is recorded by attorney-in-fact Joshua M. Erickson.