January 3, 2024 · Form 4 insider transaction
Farrow William M III sold 1,661.127 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 1 day after the transaction.
In connection with the vesting of restricted stock granted to the reporting person on January 3, 2023, the reporting person deferred receipt of 1,661.1272, shares of common stock and instead received 1,661.1272 phantom stock units pursuant to the Directors Deferred Compensation Plan (DDCP). As a result, the reporting person is reporting the disposition of 1,661.1272 shares of common stock in exchange for an equal number of phantom stock units.