WEC Energy Group’s SEC filings document operating results, governance and financing activity for a Midwest electric and natural gas utility holding company. Form 8-K reports furnish quarterly and annual earnings releases, Regulation FD investor presentations, material-event disclosures, and debt offerings, including senior notes issued under shelf registration statements.
Proxy materials cover board elections, executive compensation, stockholder voting items and governance practices. The company’s disclosures also address capital plans, rate case activity, Illinois utility rider proceedings, sales volumes, credit metrics, environmental matters, weather, fuel and purchased-power costs, and risks tied to the availability of generation and distribution systems.
WEC Energy Group launched an at-the-market equity program to offer and sell common stock with an aggregate offering price of up to $3,000,000,000 under a new equity distribution agreement. Sales may be made from time to time through designated agents, as principals, or via forward transactions, including initially priced and collared forwards.
WEC plans to use net proceeds to repay short-term debt and for general corporate purposes. As of September 30, 2025, short-term debt was $905 million. The company will not initially receive proceeds from sales of borrowed shares by forward sellers; cash is expected upon physical settlement of forwards, subject to price adjustments, caps/floors (for collared forwards), commissions up to 1.00%, and other terms.
Shares may be sold in at-the-market offerings on the NYSE or otherwise, at prevailing, related, or negotiated prices. Common stock outstanding was 325,294,252 as of September 30, 2025; this is a baseline figure, not the amount being offered. WEC’s common stock trades on the NYSE as “WEC,” with a last reported sale price of $112.60 on October 30, 2025.
WEC Energy Group reported higher results for the quarter ended September 30, 2025. Operating revenues rose to $2,104.0 million from $1,863.5 million a year earlier, driven mainly by stronger electric and natural gas utility revenues and growing non‑utility renewable operations. Net income attributed to common shareholders increased to $271.3 million, with diluted EPS of $0.83, up from $0.76.
For the first nine months of 2025, operating revenues reached $7,263.0 million and net income attributed to common shareholders was $1,240.9 million, or diluted EPS of $3.85, compared with $6,315.7 million and $1,073.7 million, or $3.40 per diluted share, in 2024. The company continued heavy investment, with capital expenditures of $3,095.1 million, including a $406.1 million acquisition of the 250 MW Hardin III solar facility and ongoing spending on regulated projects.
WEC Energy Group strengthened liquidity through $2,954.8 million of operating cash flow and active financing. It issued $900.0 million of 3.375% convertible senior notes due 2028, multiple long‑term utility debt issues, and raised $797.3 million of equity via an at‑the‑market program, while retiring maturing senior notes and debentures.
WEC Energy Group, Inc. filed a current report to furnish a press release announcing its financial results for the quarter and nine months ended September 30, 2025. The press release is provided as Exhibit 99.1, dated October 30, 2025, and is incorporated by reference. The company’s common stock (par value $0.01) trades on the NYSE under the ticker WEC.
Director Danny L. Cunningham acquired 303.7667 phantom stock units on 10/07/2025 under the company's Director's Deferred Compensation Plan (DDCP). Each unit is one-for-one with common stock and reflects a per-share reference price of $115.22. The units were acquired as a deferral of director fees and include amounts accumulated through a dividend reinvestment feature; they are reported as exempt transactions under Rule 16b-3(d) and Rule 16a-11. After this acquisition, the reported beneficial ownership tied to these phantom units equals 20,395.8537 common-stock-equivalent units, held directly and to be settled according to the DDCP terms.
WEC Energy Group director Cristina A. Garcia-Thomas reported acquisition of phantom stock units totaling 195.2786 shares on 10/07/2025. The units were received via deferral of director fees under the Director's Deferred Compensation Plan and are one-for-one payable in common stock when settled. The filing shows an aggregate holding of 8,389.6422 phantom stock units after the transaction, with a per-share reference price of $115.22 noted. Several units reflect accruals from a dividend reinvestment feature; the acquisition is described as exempt from certain Section 16(b) rules under Rule 16b-3(d) and Rule 16a-11. The Form 4 was signed by an attorney-in-fact on 10/09/2025.
Mary Ellen Stanek, a director of WEC Energy Group, Inc. (WEC), acquired 292.9179 phantom stock units on 10/07/2025 through deferral of director fees under the company's Director's Deferred Compensation Plan (DDCP). Each unit converts one-for-one into common stock on settlement, and the filing reports a per-share reference price of $115.22. After this transaction and accumulated units (including dividend reinvestment), the reporting person beneficially owns 50,286.9585 units. The units were acquired under exemptions described in Rule 16b-3(d) and Rule 16a-11 and will be settled according to the DDCP's terms.
Lane Thomas K, a director of WEC Energy Group, Inc. (WEC), reported a transaction dated 10/07/2025 involving 325.4643 phantom stock units acquired under the company's Director's Deferred Compensation Plan (DDCP). The units are one‑for‑one redeemable for common stock and were recorded at an attributable price of $115.22 per share for reporting purposes. After this transaction, the reporting person beneficially owns 15,041.8272 phantom stock units in the form reported directly.
The filing states the units were acquired pursuant to a deferral of director fees and include amounts accrued through a dividend reinvestment feature; both the initial acquisition and dividend accruals are described as exempt from Section 16 transactions under the specified rules. The units will be settled according to the DDCP terms.
WEC Energy Group, Inc. filed a current report stating that company representatives will participate in upcoming meetings with investors. The company has prepared a set of presentation slides for these meetings, which are furnished as Exhibit 99.1 to the report. The filing also includes a cover page interactive data file as Exhibit 104, which supports electronic access to the cover information.
Insider transactions by Robert M. Garvin at WEC Energy Group (WEC): The filing shows option exercises and offsetting stock sales on 08/18/2025 and 08/19/2025. Garvin exercised options to acquire 1,000 shares on 08/18/2025 and 13,185 shares on 08/19/2025 at an exercise price of $58.305 per share; those exercises increased shares underlying his holdings. He sold 1,000 shares on 08/18/2025 at a weighted average price of $107.909 and sold 13,185 shares on 08/19/2025 at a weighted average price of $108.1221. After these transactions, he beneficially owned 15,303 shares. The filing notes options vesting details and provides weighted-average sale-price ranges for the multiple trades.
WEC Energy Group Form 144 filing: This notice reports a proposed sale of 13,185 common shares through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $1,425,589.89 based on the filing. The shares were acquired and are to be sold on 08/19/2025 following exercise of options under a registered plan, with cash paid at acquisition. The filing lists 321,866,395 shares outstanding for the issuer and discloses a recent sale of 1,000 shares on 08/18/2025 for gross proceeds of $107,909.00. The filer affirms no undisclosed material adverse information and follows Rule 144 disclosure requirements.