Form 4: WEC Energy Group Director Acquires Phantom Stock Units Through Deferred Compensation Plan

WEC Energy Group Director Cristina A Garcia-Thomas acquired 217.77 phantom stock units as part of a deferred compensation plan, increasing her beneficial ownership.

Summary

• Cristina A Garcia-Thomas, a Director at WEC ENERGY GROUP, INC. (WEC), acquired 217.77 phantom stock units.
• The transaction occurred on July 8, 2025.
• These phantom stock units were acquired at a price of $103.32 per unit.
• The acquisition was pursuant to a deferral of director fees under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP).
• Following this transaction, Cristina A Garcia-Thomas beneficially owns a total of 8,126.4183 phantom stock units.
• The acquisition is exempt from Section 16(b) pursuant to Rule 16b-3(d), and includes units accrued from dividend reinvestment features exempt under Rule 16a-11.

Sentiment

Score: 7

Explanation: The transaction is a routine acquisition of phantom stock units as part of a director's deferred compensation plan, indicating continued alignment of director interests with the company's performance, which is generally viewed as a neutral to slightly positive signal.

Positives

• The acquisition of phantom stock units by a director through a deferred compensation plan aligns the director's financial interests with the long-term performance of the company and its shareholders.
• The use of a structured Director's Deferred Compensation Plan (DDCP) indicates a formal and transparent approach to director remuneration.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, as it primarily reports a past insider transaction.

Industry Context

This Form 4 filing details a routine insider transaction related to director compensation. Deferred compensation plans, including those involving phantom stock units, are common mechanisms across various industries for aligning executive and director incentives with shareholder value.

Corporate Governance

Related Party Transactions

• Acquisition of 217.77 phantom stock units by Director Cristina A Garcia-Thomas from WEC Energy Group, Inc. as part of her director compensation, pursuant to the Director's Deferred Compensation Plan (DDCP).

Stakeholder Impact

• Shareholders: The transaction indicates continued alignment of director interests with shareholder value through stock-based compensation.

Key Dates

Keywords

WEC Energy Group, WEC, SEC Form 4, Director Compensation, Phantom Stock Units, Deferred Compensation, Insider Transaction, Corporate Governance