Wisconsin Electric Power shareholders reelect five directors
Wisconsin Electric Power Company reported voting results from its 2026 Annual Meeting of Stockholders held on April 30, 2026.
Rhea-AI Filing Summary
Wisconsin Electric Power Company reported voting results from its 2026 Annual Meeting of Stockholders held on April 30, 2026. Stockholders elected five directors for terms expiring in 2027.
Each nominee — Michael W. Hooper, Kyle A. Hoops, Margaret C. Kelsey, Scott J. Lauber, and Xia Liu — received 33,289,327 shares voted in favor, with zero shares withheld and zero broker non-votes. The company did not solicit proxies because its parent, WEC Energy Group, Inc., owns more than 99% of its voting securities.
Positive
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes for each director nominee: 33,289,327 shares
Number of directors elected: 5 directors
Parent ownership of voting securities: More than 99%
3 metrics
Votes for each director nominee
33,289,327 shares
Election of five directors at 2026 Annual Meeting
Number of directors elected
5 directors
Board terms expiring in 2027
Parent ownership of voting securities
More than 99%
WEC Energy Group, Inc. ownership of voting securities
Key Terms
Annual Meeting of Stockholders, broker non-votes, solicit proxies
3 terms
Annual Meeting of Stockholders financial
"At Wisconsin Electric Power Company's 2026 Annual Meeting of Stockholders held on April 30, 2026"
broker non-votes financial
"Shares Withheld | Broker Non-Votes Michael W. Hooper | 33,289,327 | 0 | 0"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
solicit proxies financial
"The Company did not solicit proxies for the meeting as the Company's parent"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Wisconsin Electric Power (WELPM) stockholders vote on at the 2026 meeting?
Stockholders voted on electing five directors to the board for terms expiring in 2027. All five nominees received unanimous support in the shares voted, with 33,289,327 shares cast in favor for each and no withheld votes or broker non-votes.
Who was elected to the Wisconsin Electric Power (WELPM) board in 2026?
Stockholders elected Michael W. Hooper, Kyle A. Hoops, Margaret C. Kelsey, Scott J. Lauber, and Xia Liu as directors. Each nominee received 33,289,327 shares voted for, with zero shares withheld and no broker non-votes recorded at the 2026 Annual Meeting.
How many votes did each Wisconsin Electric Power (WELPM) director nominee receive?
Each of the five director nominees received 33,289,327 shares voted in favor. There were no shares withheld from any nominee and no broker non-votes, indicating complete support among the shares that participated in the 2026 Annual Meeting voting.
Why did Wisconsin Electric Power (WELPM) not solicit proxies for the 2026 meeting?
The company did not solicit proxies because its parent, WEC Energy Group, Inc., owns more than 99% of Wisconsin Electric Power’s voting securities. With such concentrated ownership, formal proxy solicitation from a broader shareholder base was unnecessary for the director elections.
What is a broker non-vote in the context of WELPM’s 2026 director election results?
A broker non-vote occurs when a broker holds shares for a client but does not receive voting instructions for a non-routine matter. In Wisconsin Electric Power’s 2026 director elections, there were zero broker non-votes for all five nominees, meaning every voted share was counted.
AI-generated analysis. How Rhea-AI works. Not financial advice.
