Form 4: WEC Energy Group VP Erickson Reports Stock Sale and Employee Retirement Savings Plan Holdings

Joshua M. Erickson, VP and Deputy General Counsel of WEC Energy Group, reported the sale of 350 shares of common stock and holdings in the Employee Retirement Savings Plan.

Summary

• Joshua M. Erickson, a VP and Deputy General Counsel at WEC Energy Group, filed a Form 4 with the SEC.
• The form details changes in his beneficial ownership of WEC Energy Group stock.
• On August 5, 2024, Erickson sold 350 shares of common stock at a price of $89.75 per share.
• Following the transaction, Erickson directly owns 2,377 shares of WEC Energy Group common stock.
• Erickson also indirectly owns 5,998.9386 shares through the Employee Retirement Savings Plan (ERSP).
• The ERSP holdings are based on a plan statement dated July 31, 2024.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the trading activities of company executives.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on the overall market reaction.

Key Dates