Form 4: WEC Energy Group Vice President Reports Stock Transaction

WEC Energy Group Vice President William Mastoris reported a transaction involving the disposition of 213 shares of common stock and an update to his holdings in the Employee Retirement Savings Plan.

Summary

• William Mastoris, a Vice President at WEC Energy Group, reported a transaction on January 3, 2025.
• The transaction involved the disposition of 213 shares of common stock at a price of $94.175 per share.
• Following the transaction, Mr. Mastoris directly owns 5,102 shares of common stock.
• He also indirectly owns 3,184.2354 shares through the 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 neutral regulatory filing, not indicative of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading and is common for publicly traded companies. It provides transparency into the transactions of company officers.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• Similar filings are made by officers and directors of companies like NextEra Energy (NEE), Duke Energy (DUK), and Southern Company (SO) when they trade their company's stock.

Stakeholder Impact

• This filing provides transparency to shareholders regarding the transactions of company officers.
• The transaction has a minimal impact on the company's overall financial position.

Key Dates

Keywords

WEC Energy Group, insider trading, Form 4, stock transaction, employee retirement savings plan, equity securities, beneficial ownership