Reese Anthony 4

What Happened

• Reese Anthony, Vice President and Treasurer of WEC Energy Group (WEC), was credited with 950.657 phantom stock units (a derivative/compensation receipt) on 2026-05-12.
• The filing reports a per-unit value of $112.58, for a total reported value of $107,025. This was reported as a discretionary transaction (not an open-market buy).
• These are phantom stock units accrued under the company’s Executive Deferred Compensation Plan (EDCP) and are to be settled in accordance with that plan — i.e., a form of deferred compensation rather than a direct cash purchase of shares.

Key Details

• Transaction date and price: 2026-05-12, 950.657 units @ $112.58 each (total $107,025).
• Transaction type: Acquisition of derivative securities (phantom stock units) reported as a discretionary transaction (I).
• Shares/units owned after transaction: Not specified in the provided filing.
• Footnotes: F1 = one-for-one; F2 = units accrued under the EDCP and to be settled per plan; F3 = includes units from a dividend reinvestment feature exempt under Rule 16a-11.
• Filing timeliness: Form 4 filed 2026-05-14 for the 2026-05-12 transaction — appears timely (within the usual two-business-day Section 16 reporting window).

Context

• Phantom stock units are a deferred-compensation vehicle that track the company’s share value and are settled later (in shares or cash) per the plan — they are not the same as an immediate open-market purchase of common stock.
• These types of compensation receipts reflect pay/accounting activity rather than a direct signal of the insider buying or selling shares on the open market.