Form 4: WEC Energy Group Executive Michael Hooper Reports Stock and Option Transactions
SEC Form 4 Filing
Michael Hooper, President of WI Utilities at WEC Energy Group, reports acquisition and disposal of common stock and stock options on January 2, 2025.
Summary
- On January 2, 2025, Michael Hooper, President of WI Utilities at WEC Energy Group, reported transactions involving WEC common stock and stock options.
- Hooper acquired 2,692 shares of common stock.
- Hooper disposed of 5,398 shares of common stock.
- Following these transactions, Hooper beneficially owns 5,398 shares of common stock.
- Hooper also acquired 10,869 stock options with an exercise price of $94.5475, vesting on January 2, 2028, and expiring on January 2, 2035.
- After the transaction, Hooper directly owns 10,869 stock options.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities and holdings in their own company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the reported transactions (stock and option acquisition/disposal). |
| 01/02/2028 | Vesting date for the acquired stock options. |
| 01/02/2035 | Expiration date for the acquired stock options. |
| 01/06/2025 | Date of signature on the Form 4 filing. |
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