Form 4: WEC Energy Group Vice President & Controller Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


William J. Guc, Vice President & Controller of WEC Energy Group, reports acquisition and disposal of company stock and stock options.

Summary

  • On January 2, 2025, William J. Guc, Vice President & Controller of WEC Energy Group, reported transactions involving WEC common stock.
  • Guc acquired 691 shares of common stock at $0, and disposed of 95 shares at $94.5475.
  • Following these transactions, Guc directly owns 8,298.0914 shares of common stock and indirectly owns 653.8277 shares through the WEC Energy Group Retirement Savings Plan.
  • Guc also acquired 2,792 stock options with an exercise price of $94.5475, vesting on January 2, 2028, and expiring on January 2, 2035.
  • After the reported transaction, Guc directly owns 2,792 stock options.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders, as they provide insight into management's perspective on the company's stock value.
  • The transactions do not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
12/31/2024Plan date for dividend reinvestment feature of the ESOP in the WEC Energy Group, Inc. Retirement Savings Plan.
01/02/2025Date of stock and stock option transactions.
01/02/2028Stock options vest 100% on this date.
01/02/2035Expiration date of the stock options.
01/06/2025Date of signature for the report.

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