Form 4: WEC Energy Director Reports Stock & Phantom Unit Changes

WEC Energy Group Director Cristina A. Garcia-Thomas reported changes in her beneficial ownership, including common stock acquisitions via dividend reinvestment and a conversion of restricted stock into phantom units.

Summary

• Cristina A. Garcia-Thomas, a Director of WEC Energy Group, Inc. (WEC), reported changes in her beneficial ownership.
• Acquired 1,603 shares of common stock on January 2, 2026, through dividend reinvestment, which is exempt under Rule 16a-11.
• Disposed of 1,749.6114 shares of common stock on January 2, 2026, in connection with the vesting of restricted stock granted on January 2, 2025.
• Received 1,749.6114 phantom stock units in exchange for the disposed common stock, pursuant to the Directors Deferred Compensation Plan (DDCP).
• Following these transactions, beneficial ownership includes 3,187 shares of common stock and 10,206.9426 phantom stock units.
• The phantom stock units are accrued under the DDCP and include units from a dividend reinvestment feature, also exempt under Rule 16a-11.

Sentiment

Score: 6

Explanation: The filing reflects routine insider transactions related to director compensation and dividend reinvestment. The conversion of restricted stock into phantom units under a deferred compensation plan is a neutral event, aligning long-term interests without immediate cash sale. The dividend reinvestment is a positive sign of continued investment.

Positives

• Acquisition of 1,603 shares of common stock through dividend reinvestment indicates continued investment in the company.
• The deferral of restricted stock into phantom units under the DDCP aligns the director's long-term interests with shareholder value.

Negatives

• A disposition of 1,749.6114 shares of common stock occurred, although it was part of a conversion into phantom stock units rather than an outright sale.

Stakeholder Impact

• Shareholders: The director's continued investment through dividend reinvestment and deferral into phantom units aligns her interests with long-term shareholder value.

Next Steps

• Phantom stock units are to be settled in accordance with the terms of the Directors Deferred Compensation Plan (DDCP).

Key Dates

Recommendation

This Form 4 details routine insider transactions for a director, involving dividend reinvestment and the conversion of restricted stock into phantom units under a deferred compensation plan. These actions are part of standard compensation and ownership management and do not indicate any material change in the company's fundamentals or strategic direction. Therefore, the filing itself does not warrant a change in investment recommendation, suggesting a 'hold' position based solely on this information.

Keywords

WEC Energy Group, WEC, Form 4, Insider Trading, Beneficial Ownership, Director Stock, Phantom Stock Units, Dividend Reinvestment, Deferred Compensation