Form 4: WEC Energy Group Vice President and Treasurer Reports Acquisition of Phantom Stock Units

Anthony Reese, Vice President and Treasurer of WEC Energy Group, reports acquiring phantom stock units under the company's Executive Deferred Compensation Plan.

Summary

• Anthony Reese, a Vice President and Treasurer at WEC Energy Group, filed a Form 4 with the SEC.
• The filing reports the acquisition of phantom stock units under the WEC Energy Group, Inc. Executive Deferred Compensation Plan (EDCP).
• On May 15, 2025, Reese acquired 483.5997 phantom stock units at a price of $104.91 per unit.
• Following the transaction, Reese directly owns 813.7036 phantom stock units.
• The phantom stock units are to be settled in accordance with the terms of the EDCP.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.

Positives

• The acquisition of phantom stock units by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It provides transparency into the holdings of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

Keywords

WEC Energy Group, Anthony Reese, phantom stock units, Executive Deferred Compensation Plan, EDCP, Form 4, SEC, insider trading