Form 4: WEC Energy Group Executive Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Michael Hooper, President of WI Utilities at WEC Energy Group, reports changes in beneficial ownership of company stock and phantom stock units.

Summary

  • On April 1, 2025, Michael Hooper, President of WI Utilities at WEC Energy Group, reported changes in his beneficial ownership of the company's securities.
  • He disposed of 289 shares of common stock at a price of $108.635 per share.
  • Following the transaction, Hooper directly owns 5,109 shares of WEC Energy Group common stock.
  • Hooper also acquired 2,755.07 phantom stock units under the WEC Energy Group, Inc. Executive Deferred Compensation Plan (EDCP) at a price of $108.89.
  • After the transaction, Hooper beneficially owns 6,567.2112 phantom stock units, including those accrued through dividend reinvestment.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company executive, as required by the SEC. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the trading activities of a company executive.

Key Dates

DateDescription
04/01/2025Date of transaction for common stock disposal and phantom stock unit acquisition
04/03/2025Date of signature for the Form 4 filing

Keywords

WEC Energy Group, Michael Hooper, beneficial ownership, Form 4, phantom stock units, EDCP, securities, stock

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