January 2, 2025 · Form 4 insider transaction
Farrow William M III sold 1,954.927 shares of WEC Energy Group, Inc., a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 4 days after the transaction.
In connection with the vesting of restricted stock granted to the reporting person on January 2, 2024, the reporting person deferred receipt of 1,954.9274, shares of common stock and instead received 1,954.9274 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, the reporting person is reporting the disposition of 1,954.9274 shares of common stock in exchange for an equal number of phantom stock units.