Form 4: WEC Energy Group Director Ulice Payne Jr. Sells 750 Shares
SEC Form 4
Director Ulice Payne Jr. of WEC Energy Group, Inc. sold 750 shares of common stock at a price of $88.454 on August 8, 2024.
Summary
- On August 8, 2024, Ulice Payne Jr., a director of WEC Energy Group, Inc., sold 750 shares of the company's common stock.
- The sale was executed at a price of $88.454 per share.
- Following the transaction, Payne directly owns 21,875.569 shares of WEC Energy Group common stock, which includes shares acquired through dividend reinvestment.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could have a minor psychological impact on shareholders, but the transaction is unlikely to have a significant material impact.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of stock sale transaction |
| 08/12/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.