Form 4: WEC Energy Group Vice President Reports Stock Transactions
SEC Form 4 Filing
William Mastoris, a Vice President at WEC Energy Group, reported the acquisition and disposal of company stock and stock options on January 2, 2025.
Summary
- On January 2, 2025, William Mastoris, a Vice President of WEC Energy Group, reported transactions involving the company's common stock.
- Mastoris acquired 1,206 shares of common stock at $0 and disposed of 168 shares at $94.5475.
- Following these transactions, Mastoris directly owns 5,315 shares of common stock.
- Mastoris also indirectly owns 3,184.2354 shares through the Employee Retirement Savings Plan (ERSP).
- Additionally, Mastoris acquired 4,870 stock options with an exercise price of $94.5475, vesting on January 2, 2028, and expiring on January 2, 2035.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders, which can be of interest to investors.
Stakeholder Impact
- The reported transactions provide transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| December 31, 2024 | Date of the plan statement for the Employee Retirement Savings Plan (ERSP). |
| January 2, 2025 | Date of the reported stock transactions and stock option acquisition. |
| January 2, 2028 | Vesting date for the acquired stock options. |
| January 2, 2035 | Expiration date for the acquired stock options. |
| January 6, 2025 | Date of signature on the Form 4 filing. |
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