Form 4: WEC Energy Group Executive VP Margaret Kelsey Reports Stock Transaction

Executive Vice President and General Counsel of WEC Energy Group, Margaret Kelsey, reported a disposition of 379 shares of common stock and an indirect holding of 4,974.9228 shares through the Employee Retirement Savings Plan.

Summary

• Margaret Kelsey, Executive VP & General Counsel at WEC Energy Group, reported a transaction involving the company's common stock.
• On January 3, 2025, Ms. Kelsey disposed of 379 shares of common stock at a price of $94.175 per share.
• Following the transaction, Ms. Kelsey directly owns 10,707.359 shares of WEC Energy Group common stock.
• Ms. Kelsey also indirectly owns 4,974.9228 shares through the company's Employee Retirement Savings Plan (ERSP).
• The ERSP holdings are based on a plan statement dated December 31, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency in insider trading.
• The transaction is typical for executives who may have stock options or participate in company savings plans.
• Similar filings are made by executives at comparable utility companies such as Duke Energy and Southern Company.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small number of shares compared to the total outstanding shares.
• The transaction is a routine disclosure and does not indicate any significant change in the company's operations or financial health.

Key Dates

Keywords

WEC Energy Group, stock transaction, insider trading, Form 4, executive compensation, employee retirement savings plan, ERSP, Margaret Kelsey