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

Anthony Reese, Vice President and Treasurer of WEC Energy Group, reports the acquisition and disposal of common stock and stock options on August 7, 2024.

Summary

• On August 7, 2024, Anthony Reese, Vice President and Treasurer of WEC Energy Group, executed transactions involving WEC common stock.
• Reese exercised stock options to acquire 1,362 shares at a price of $68.175 per share.
• Simultaneously, Reese sold 1,362 shares at a weighted average price of $88.7843, with individual sales ranging from $88.73 to $88.79.
• Following these transactions, Reese directly owns 1,462 shares of WEC common stock.
• Reese also indirectly owns 2,694.7322 shares through the Employee Retirement Savings Plan (ERSP).

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, reflecting routine stock transactions by a company officer. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in beneficial ownership by a company officer.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates