Form 4: WEC Energy Group Director Danny L. Cunningham Reports Acquisition of Phantom Stock Units

Director Danny L. Cunningham reports acquiring phantom stock units in WEC Energy Group through director fee deferral and dividend reinvestment.

Summary

• Danny L. Cunningham, a director of WEC Energy Group, reported acquiring 339.5091 phantom stock units on April 7, 2025.
• The acquisition was made through a deferral of director fees and a dividend reinvestment feature of the Director's Deferred Compensation Plan (DDCP).
• The price of the phantom stock units was $103.09.
• Following the transaction, Cunningham beneficially owns 19,424.2525 phantom stock units.
• The phantom stock units are to be settled in accordance with the terms of the DDCP.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of director interests with shareholders.

Positives

• The acquisition of phantom stock units through director fee deferral aligns the director's interests with the company's performance.
• Dividend reinvestment further demonstrates a long-term commitment to the company.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive compensation in the form of stock or stock options to align their interests with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director incentives with company performance.

Key Dates

Keywords

WEC Energy Group, phantom stock units, director, Danny L. Cunningham, DDCP, director fee deferral, dividend reinvestment, Form 4