Form 4 for WEC WEC Energy Group
Accepted 2025-01-06 00:00:00 ET · period of report 2025-01-02 · accession 0000107815-25-000044 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-01-06 | 2025-01-02 | WEC | Lane Thomas K | Dir | A - Grant | $0.00 | +1,693 | 5,434 | +45% | $0 |
| D | 2025-01-06 | 2025-01-02 | WEC | Lane Thomas K | Dir | D - Sale to Iss | — | -1,955 | 3,479 | -36% | — |
| D | 2025-01-06 | 2025-01-02 | WEC | Lane Thomas K | Dir | A - Grant | — | +1,955 | 13.2K | +17% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-01-02 | A | A | 1,693 | $0.00 | 5,434.13 | D | — | — | (F1) Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11. |
| 2 | Common | Common Stock | 2025-01-02 | D | D | 1,954.93 | — | 3,479.20 | D | — | — | (F2) In connection with the vesting of restricted stock granted to Mr. Lane on January 2, 2024, Mr. Lane deferred receipt of 1,954.9274, shares of common stock and instead received 1,954.9274 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, Mr. Lane is reporting the disposition of 1,954.9274 shares of common stock in exchange for an equal number of phantom stock units. (F3) The Form 4 filed on January 5, 2023 inadvertently overstated Mr. Lane's direct holdings of common stock by including his indirect holdings in the total amount of his direct holdings. This error was carried over in the Form 4 filed on January 4, 2024. In each year, Mr. Lane's indirect holdings were correctly reported. Mr. Lane's direct holdings on January 3, 2023 (the date of the transaction reported) were 3,276.1952. Mr. Lane's direct holdings on January 3, 2024 (the date of the transaction reported) were 3,617.6273. (F1) Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11. |
| 3 | Derivative | Phantom Stock Units | 2025-01-02 | A | A | 1,954.93 | — | 13,235.56 | D | — · — to — | 1,954.93 Common Stock | (F2) In connection with the vesting of restricted stock granted to Mr. Lane on January 2, 2024, Mr. Lane deferred receipt of 1,954.9274, shares of common stock and instead received 1,954.9274 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, Mr. Lane is reporting the disposition of 1,954.9274 shares of common stock in exchange for an equal number of phantom stock units. (F8) 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. (F6) One-for-one. (F7) These phantom stock units were accrued under the DDCP and are to be settled in accordance with the terms of the plan. |