WEC Energy (NYSE: WEC) COO granted 2,582 phantom stock units, shares withheld for tax

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

WEC Energy Group EVP & Chief Operating Officer Michael Hooper received 2,582.4223 phantom stock units linked one-for-one to common stock. The award was granted under his employment agreement and accrued within the Executive Deferred Compensation Plan, which also reinvests dividends into additional units.

On the same date, 424 common shares were withheld at about $115.945 per share to cover tax obligations related to equity compensation, a non-market disposition. After these transactions, Hooper directly held 7,719.704 common shares and 9,369.0042 phantom stock units.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hooper Michael

Role EVP & Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	2,582.422	$116.17	$300K
Tax Withholding	Common Stock	424	$115.945	$49K

Holdings After Transaction: Phantom Stock Units — 9,369.004 shares (Direct); Common Stock — 7,719.704 shares (Direct)

Footnotes (1)

Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11. One-for-one. These phantom stock units were awarded to Mr. Hooper pursuant to the terms of his employment agreement. These phantom stock units were accrued under the WEC Energy Group, Inc. Executive Deferred Compensation Plan (EDCP) and are to be settled in accordance with the terms of the plan. Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the EDCP in transactions exempt from Section 16 pursuant to Rule 16a-11.

Key Figures

Phantom units granted: 2,582.4223 units Phantom unit reference price: $116.1700 per unit Total phantom units after grant: 9,369.0042 units +3 more

6 metrics

Phantom units granted 2,582.4223 units Award on 2026-04-01 under employment agreement

Phantom unit reference price $116.1700 per unit Grant valuation for phantom stock units

Total phantom units after grant 9,369.0042 units Phantom stock units held following the award

Shares withheld for taxes 424.0000 shares Common stock withheld as tax-withholding disposition

Tax withholding price $115.9450 per share Value used for 424-share tax withholding

Common shares after withholding 7,719.7040 shares Direct WEC common stock holdings post-transaction

Key Terms

Phantom Stock Units, Executive Deferred Compensation Plan, dividend reinvestment, Section 16, +1 more

5 terms

Phantom Stock Units financial

"These phantom stock units were awarded to Mr. Hooper pursuant to the terms of his employment agreement."

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Executive Deferred Compensation Plan financial

"These phantom stock units were accrued under the WEC Energy Group, Inc. Executive Deferred Compensation Plan (EDCP)"

dividend reinvestment financial

"Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11."

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

Section 16 regulatory

"transactions exempt from Section 16 pursuant to Rule 16a-11."

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

Rule 16a-11 regulatory

"transactions exempt from Section 16 pursuant to Rule 16a-11."

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 02:16 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hooper Michael

(Last)

(First)

(Middle)

231 WEST MICHIGAN STREET

(Street)

MILWAUKEE

WISCONSIN

53203

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WEC ENERGY GROUP, INC. [ WEC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP & Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		F		424	D	$115.945	7,719.704⁽¹⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽²⁾	04/01/2026		A		2,582.4223⁽³⁾		⁽⁴⁾	⁽⁴⁾	Common Stock	2,582.4223	$116.17	9,369.0042⁽⁵⁾	D

Explanation of Responses:

1. Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.

2. One-for-one.

3. These phantom stock units were awarded to Mr. Hooper pursuant to the terms of his employment agreement.

4. These phantom stock units were accrued under the WEC Energy Group, Inc. Executive Deferred Compensation Plan (EDCP) and are to be settled in accordance with the terms of the plan.

5. Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the EDCP in transactions exempt from Section 16 pursuant to Rule 16a-11.

Remarks:

	Joshua M. Erickson, as attorney in fact.	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did WEC EVP Michael Hooper report on this Form 4 for WEC?

Michael Hooper reported receiving 2,582.4223 phantom stock units tied to WEC common stock and a withholding of 424 common shares for tax obligations. These events reflect compensation and tax settlement, not open-market buying or selling activity in WEC shares.

How many WEC Energy common shares does Michael Hooper hold after this Form 4?

After the reported transactions, Michael Hooper holds 7,719.704 WEC Energy common shares directly. This figure reflects his position following the 424-share tax withholding, which was used to satisfy equity-related tax liabilities rather than representing an open-market sale of stock.

What are the phantom stock units granted to WEC executive Michael Hooper?

Hooper received 2,582.4223 phantom stock units, each tied one-for-one to a WEC common share. These units were awarded under his employment agreement and accrued in the Executive Deferred Compensation Plan, where they track WEC’s stock value and dividend reinvestment for deferred compensation purposes.

How many phantom stock units does Michael Hooper hold after these WEC transactions?

Following the grant, Michael Hooper holds 9,369.0042 phantom stock units linked to WEC common stock. This total includes units from his latest award plus prior accruals, as well as additional units credited through dividend reinvestment features within the company’s Executive Deferred Compensation Plan.

Was there any open-market buying or selling of WEC shares in this Form 4 filing?

The filing shows no open-market purchases or sales of WEC shares. It reports a phantom stock unit award and 424 shares withheld for taxes. Tax-withholding dispositions are administrative and used to satisfy tax liabilities, not discretionary trades in the market by the executive.

WEC Energy (NYSE: WEC) COO granted 2,582 phantom stock units, shares withheld for tax

Rhea-AI Filing Summary

Positive