WEC Energy SEC Filings

WEC Energy Group is asking stockholders to vote at its 2026 virtual-only annual meeting on director elections, auditor ratification, executive pay, governance changes and a stockholder majority-vote proposal. The board recommends 12 directors for one-year terms and supports Deloitte & Touche as 2026 auditor.

The board backs advisory approval of named executive officer compensation and proposes amending its articles and bylaws to remove supermajority voting requirements, while recommending a vote against a separate stockholder majority-vote resolution. In 2025, WEC reported $4.81 GAAP EPS, $5.27 adjusted EPS and declared a 6.7% dividend increase in January 2026, extending a 22-year dividend growth streak and 83 years of quarterly dividends.

The company outlined its largest-ever five-year capital plan, now totaling $37.5 billion for 2026–2030, focused on safety, reliability, renewable and natural gas generation, and grid and gas infrastructure. Governance highlights include a largely independent board, active succession planning, and a planned leadership transition with CEO Scott Lauber expected to become chairman following Gale Klappa’s retirement, subject to his election.

WEC Energy Group Executive VP & General Counsel Margaret C. Kelsey reported an acquisition of phantom stock units linked one-for-one to WEC common stock. On March 4, 2026, she was granted 656.544 phantom stock units at a reference price of $117.55 per unit under the company’s Nonqualified Retirement Savings Plan (NQRSP). These units are scheduled to be settled after her retirement or other termination of employment. Following this grant, her balance increased to 6,096.188 phantom stock units, which includes units accrued through the plan’s dividend reinvestment feature.

WEC Energy Group filed an 8-K sharing an investor presentation ahead of upcoming investor meetings. The company highlights a long-term adjusted earnings per share growth outlook of 7.0% to 8.0%, anchored by a 2026-2030 capital plan totaling $37.5 billion, all in regulated businesses.

The plan is driven by strong regional demand, including data center projects such as Microsoft’s I-94 corridor expansion that lifts forecasted electric demand additions to 3.9 GW (~45%) through 2030. WEC expects robust Wisconsin electric sales growth of 6.0%-8.0% annually between 2028 and 2030.

Management also outlines a proposed approximately $2.3 billion Illinois settlement covering 12 open dockets, with a $130 million rate base reduction and $125 million in cash credits over three years, subject to Illinois Commerce Commission approval. The presentation reiterates dividend growth of 6.5%-7%, a targeted payout ratio of 65%-70%, ongoing coal retirements, and a net carbon-neutral electric generation goal by 2050.

WEC Energy Group filed a proxy statement for its virtual 2026 Annual Meeting of Stockholders. The meeting on May 7, 2026 will include election of 12 directors, ratification of Deloitte & Touche as auditor, an advisory say-on-pay vote, and two proposals to eliminate supermajority voting standards.

The company highlighted 2025 results including $4.81 GAAP earnings per share and $5.27 adjusted EPS, a 6.7% dividend increase declared in January 2026, record cash returned to stockholders, and a refreshed five-year capital plan increased to $37.5 billion. Management noted major project in-service milestones, improved safety metrics, and planned board leadership succession with Director Lauber to be appointed Chairman subject to election; Chairman Klappa is retiring from active board service.

WEC Energy Group, Inc. entered into an underwriting agreement to issue and sell an additional $400,000,000 aggregate principal amount of its 4.75% Senior Notes due January 15, 2028. These new notes form part of the same series as the $450,000,000 of 4.75% Senior Notes issued on January 11, 2023.

After completion of this registered offering under an existing Form S-3 shelf registration, the total principal amount outstanding for this 4.75% Senior Notes due 2028 series increased to $850,000,000. The transaction provides the company with additional long-term fixed-rate debt maturing in 2028.

WEC Energy Group director Ulice Payne Jr reported an open-market sale of WEC common stock. On February 24, 2026, he sold 1,450 shares at an average price of $114.5975 per share. After this transaction, he directly owns 20,540.8844 shares of WEC common stock.

The remaining holdings figure includes shares previously acquired through dividend reinvestment transactions that are exempt from Section 16 under Rule 16a-11.

WEC Energy Group, Inc. is offering $400,000,000 principal amount of 4.75% Senior Notes due January 15, 2028 as a further issuance of the series originally issued on January 11, 2023. Upon issuance, aggregate outstanding principal in the series will be $850,000,000. The new Notes accrue interest at 4.75% from January 15, 2026, payable semi‑annually on January 15 and July 15, beginning July 15, 2026. The public offering price is 101.472% and estimated net proceeds are approximately $403.7M, intended to repay short‑term debt and for general corporate purposes. The Notes are unsecured, rank equally with other unsubordinated indebtedness, are redeemable subject to stated terms, and will be issued in book‑entry form through DTC.

WEC Energy Group director Gale E. Klappa reported a same-day option exercise and share sale. He exercised stock options for 3,180 shares of Common Stock through an option conversion and then sold 3,180 Common shares in an open-market transaction at $115.44 per share.

After these transactions, he held 276,600 Common shares directly. He also had 4,106.91 Common shares held indirectly through the company’s Employee Retirement Savings Plan, based on a plan statement dated February 24, 2026.

WEC Energy Group reported proposed sales of Common Stock via Form 144 through UBS Financial Services.

The filing lists multiple director compensation share lots dated 01/03/2018, 01/04/2022, 01/10/2023, and 01/13/2026 with associated line items. The filing reference includes 02/24/2026 and identifies the NYSE listing.