Form 4: WEC Energy Group Vice President and Treasurer, Anthony Reese, Reports Share Transactions

Anthony Reese, Vice President and Treasurer of WEC Energy Group, reported a transaction involving the disposal of 77 common stock shares and an increase of 2,739.5621 shares held indirectly through the Employee Retirement Savings Plan.

Summary

• Anthony Reese, a Vice President and Treasurer at WEC Energy Group, filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On January 3, 2025, Mr. Reese disposed of 77 shares of common stock at a price of $94.175 per share.
• He also reported an increase of 2,739.5621 shares held indirectly through the company's Employee Retirement Savings Plan (ERSP).
• The ERSP holdings are based on a plan statement dated December 31, 2024.
• The number of shares in the ERSP attributable to any one participant varies with the price of the Common Stock.

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 corporate insiders at all publicly traded companies in the US.
• The transactions are typical for executives who participate in company stock plans and may sell shares for personal financial management.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders as they are routine for executives.

Key Dates

Keywords

WEC Energy Group, insider trading, Form 4, stock transaction, Anthony Reese, ERSP, employee retirement savings plan, beneficial ownership