WEC Energy Group (WEC) director reports restricted stock vesting
Rhea-AI Filing Summary
WEC Energy Group, Inc. reported an insider equity change by a director. On January 2, 2026, the director acquired 1,603 shares of common stock at $0, reflecting the vesting of previously granted restricted stock. Following this transaction, the director holds 1,603 shares directly and 8,463.582 shares indirectly through a joint living trust with a spouse.
The notes explain that upon vesting of restricted stock granted on January 2, 2025, 1,749 shares were transferred to the reporting person's trust account, and the indirect holdings also include shares acquired through dividend reinvestment under a Section 16-exempt program.
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FAQ
What insider transaction did WEC Energy Group (WEC) report in this Form 4?
A director of WEC Energy Group, Inc. reported acquiring 1,603 shares of common stock on January 2, 2026, at a price of $0, in connection with restricted stock vesting.
How many WEC Energy Group (WEC) shares does the insider own after this transaction?
After the reported transaction, the director beneficially owns 1,603 shares of WEC Energy Group common stock directly and 8,463.582 shares indirectly through a joint living trust with a spouse.
What is the source of the 1,603 WEC shares reported as acquired?
The 1,603 shares were acquired at $0 as a result of the vesting of restricted stock previously granted to the reporting person.
What does the explanation about 1,749 WEC shares transferred to the trust mean?
The explanation states that when the restricted stock granted on January 2, 2025 vested, 1,749 shares of WEC Energy Group common stock were transferred to the reporting person's trust account.
How were additional indirect WEC (WEC) shares accumulated by the insider?
The filing notes that the indirect holdings include shares acquired through dividend reinvestment in a transaction exempt from Section 16 under Rule 16a-11.
Is the insider a director or officer of WEC Energy Group (WEC)?
The filing identifies the reporting person as a director of WEC Energy Group, Inc., and the form is filed by one reporting person.