Form 4: WEC Energy Group Director Acquires Phantom Stock Units

Danny L. Cunningham, a Director at WEC Energy Group, Inc., acquired phantom stock units through a director fee deferral plan.

Summary

• Danny L. Cunningham, a Director of WEC Energy Group, Inc., acquired 320.5128 phantom stock units on July 8, 2026.
• These units were acquired through a deferral of director fees under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP).
• The acquisition is exempt from Section 16(b) under Rule 16b-3(d).
• The phantom stock units are to be settled according to the plan's terms and include accruals from a dividend reinvestment feature, exempt under Rule 16a-11.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on routine insider compensation transactions rather than significant financial performance or strategic shifts.

Positives

• Director participation in deferred compensation plans indicates long-term alignment with company performance.
• Acquisition of phantom stock units through fee deferral suggests confidence in future company value.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding future financial performance. It details a transaction related to director compensation.

Industry Context

StockSavvy.ai notes that insider transactions, such as this acquisition of phantom stock units by a director, are common within the utility sector as a method for executive compensation and aligning interests with shareholders.

Related Party Transactions

• Acquisition of phantom stock units by Director Danny L. Cunningham through a deferral of director fees under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP).

Stakeholder Impact

• Shareholders: The transaction reflects standard executive compensation practices and does not immediately impact share value, but indicates director commitment.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Keywords

WEC Energy Group, WEC, Form 4, Director, Phantom Stock Units, Deferred Compensation, SEC Filing, Insider Trading