Form 4: WEC Director Stanek Boosts Phantom Stock Holdings

WEC Energy Group Director Mary Ellen Stanek acquired additional phantom stock units through a director fee deferral plan.

Summary

• Mary Ellen Stanek, a Director of WEC Energy Group, Inc., acquired 292.9179 phantom stock units.
• The acquisition occurred on October 7, 2025, at a price of $115.22 per unit.
• These units were obtained through a deferral of director fees and are part of the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP).
• Following this transaction, Stanek beneficially owns 50,286.9585 phantom stock units.
• The transaction is exempt from Section 16(b) pursuant to Rule 16b-3(d) and includes units accrued via dividend reinvestment under Rule 16a-11.

Sentiment

Score: 7

Explanation: The acquisition of additional phantom stock units by a director, even through a deferred compensation plan, generally indicates continued alignment of interests with shareholders and confidence in the company's long-term prospects.

Positives

• Director Mary Ellen Stanek increased her beneficial ownership of phantom stock units, aligning her interests further with shareholders.
• The acquisition was part of a director fee deferral plan, indicating a commitment to long-term investment in the company.

Future Outlook

NA

Industry Context

This transaction reflects an individual director's compensation and investment strategy within WEC Energy Group, a utility company. It does not directly indicate broader industry trends but shows continued director engagement.

Related Party Transactions

• Acquisition of phantom stock units by Director Mary Ellen Stanek through a deferral of director fees, as part of the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP).

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to increased beneficial ownership.

Key Dates

Recommendation

The filing reports a routine acquisition of phantom stock units by a director as part of a deferred compensation plan. While it indicates continued alignment of interests, it does not present new information significant enough to alter a fundamental investment thesis, thus a 'hold' recommendation is appropriate.

Keywords

WEC Energy Group, WEC, Mary Ellen Stanek, Director, Phantom Stock, Deferred Compensation, Insider Transaction, Form 4