WEC Energy Group Director Thomas K. Lane Acquires Phantom Stock via Fee Deferral
WEC ENERGY GROUP, INC.
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Filing Summary
# Insider Transaction: WEC ENERGY GROUP, INC. ($WEC)
**Insider**: Lane Thomas K (Director)
**Type**: Acquisition (Phantom Stock Units)
**Shares Transacted**: 302.8688 @ $103.18 (~$31,250.00)
**Total Direct Holdings Following Transaction**: 18,614.4424 units
**Date of Transaction**: 2026-10-07
**Significance**: Low (Director Fee Deferral)
Comprehensive Analysis
Executive Summary
On October 9, 2026, WEC Energy Group, Inc. (NYSE: WEC) filed a Form 4 reporting an acquisition of phantom stock units by Director Thomas K. Lane. The transaction occurred on October 7, 2026, and involved 302.8688 phantom stock units at a reference price of $103.18 per share, representing an aggregate value of approximately $31,250.00.
Transaction Context & Plan Mechanics
- Nature of Acquisition: According to the footnotes, these phantom stock units were acquired through a voluntary deferral of director fees under the WEC Energy Group, Inc. Director's Deferred Compensation Plan (DDCP).
- Settlement Terms: Phantom stock units convert to common stock on a 1-for-1 basis and are settled according to the DDCP terms upon retirement or specified distribution dates.
- Holdings Context: Following this transaction, Thomas K. Lane directly holds 18,614.4424 phantom stock units, which includes units accrued via automatic dividend reinvestment under the DDCP.
Market & Trading Significance
This transaction carries Low trading significance. It reflects standard, routine director compensation structuring via elective fee deferral rather than an open-market discretionary purchase or sale.
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Important Disclaimer
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