WEC Energy Group (WEC) director shifts 1,749.6114 shares into phantom units
Rhea-AI Filing Summary
WEC Energy Group, Inc. director reported changes in personal holdings on Form 4. On 01/02/2026, the director acquired 1,603 shares of common stock at $0, increasing direct ownership to 7,502.6114 shares, including shares previously acquired through dividend reinvestment.
On the same date, in connection with the vesting of restricted stock originally granted on January 2, 2025, the director chose to defer receipt of 1,749.6114 shares of common stock into the company’s Directors Deferred Compensation Plan. This is reported as a disposition of 1,749.6114 common shares and an acquisition of 1,749.6114 phantom stock units on a one-for-one basis, bringing total phantom stock units to 11,019.4723.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 1,749.611 | $0.00 | -- |
| Grant/Award | Common Stock | 1,603 | $0.00 | -- |
| Disposition | Common Stock | 1,749.611 | $0.00 | -- |
Footnotes (1)
- Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11. 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. One-for-one. These phantom stock units were accrued under the DDCP and are to be settled in accordance with the terms of the plan. 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.
FAQ
What insider transaction did WEC (WEC) report on January 2, 2026?
A director of WEC Energy Group, Inc. reported acquiring 1,603 shares of common stock at $0 and changing the form of ownership for 1,749.6114 shares through a deferral into phantom stock units.
What are phantom stock units in this WEC Energy director filing?
The director received 1,749.6114 phantom stock units under the Directors Deferred Compensation Plan, each representing one share of common stock on a one-for-one basis, and now holds 11,019.4723 such units.
Does this WEC Energy Form 4 involve dividend reinvestment?
Yes. The filing notes that the reported holdings include shares and phantom stock units accrued through dividend reinvestment in transactions exempt from Section 16 under Rule 16a-11.
Is this WEC Energy director Form 4 filed for one reporting person or a group?
The Form 4 is filed by one reporting person, reflecting the transactions and holdings of a single WEC Energy Group, Inc. director.
What plan governs the WEC Energy director’s phantom stock units?
The phantom stock units were accrued under WEC Energy’s Directors Deferred Compensation Plan (DDCP) and will be settled in accordance with the terms of that plan.