January 2, 2025 · Form 4 insider transaction
Lane Thomas K bought 1,954.927 shares of WEC Energy Group, Inc., a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
One-for-one.; In connection with the vesting of restricted stock granted to Mr. Lane on January 2, 2024, Mr. Lane 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, Mr. Lane is reporting the disposition of 1,954.9274 shares of common stock in exchange for an equal number of phantom stock units.; These phantom stock units were accrued under the DDCP 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 DDCP in transactions exempt from Section 16 pursuant to Rule 16a-11.