Hooper Michael 4

4 · WEC ENERGY GROUP, INC. · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

WEC Energy COO Michael Hooper Receives $300K Phantom Stock Award

What Happened

Michael Hooper, Chief Operating Officer of WEC Energy Group (WEC), was granted 2,582.422 phantom stock units (derivative award) valued at $116.17 each, totaling $300,000, on 2026-04-01. On the same date 424 shares were disposed/withheld at $115.94 each to satisfy tax withholding obligations, totaling $49,161.
The grant (code A) is an award of phantom stock units (a form of deferred compensation), which is generally a non-market acquisition. The withholding (code F) is a routine tax payment and not an open-market sale.

Key Details

Transaction date: 2026-04-01.
- Award: 2,582.422 phantom stock units @ $116.17 = $300,000 (derivative award).
- Tax withholding/disposition: 424 shares @ $115.94 = $49,161 (F).
Shares owned after transaction: not specified in the filing.
Notable footnotes: units awarded under Mr. Hooper’s employment agreement and accrued under the WEC Energy Group Executive Deferred Compensation Plan (EDCP); includes dividend reinvestment features; units are to be settled per plan terms.
Filing timeliness: report filed 2026-04-02 for transactions dated 2026-04-01 (no late filing indicated).

Context

These were phantom stock units (deferred compensation), not immediate purchases of common stock; they are recorded as derivatives and will be settled later according to the EDCP. The 424-share disposition was a tax-withholding event to cover liability from the award, a routine administrative action rather than a market sale.

Form 4

Period: 2026-04-01

EVP & Chief Operating Officer

Transactions

Tax Payment
Common Stock
[F1]
2026-04-01$115.94/sh−424$49,161→ 7,719.704 total
Award
Phantom Stock Units
[F2][F3][F4][F5]
2026-04-01$116.17/sh+2,582.422$300,000→ 9,369.004 total
→ Common Stock (2,582.422 underlying)

Footnotes (5)

[F1]Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.
[F2]One-for-one.
[F3]These phantom stock units were awarded to Mr. Hooper pursuant to the terms of his employment agreement.
[F4]These phantom stock units were accrued under the WEC Energy Group, Inc. Executive Deferred Compensation Plan (EDCP) and are to be settled in accordance with the terms of the plan.
[F5]Includes phantom stock units accrued pursuant to a dividend reinvestment feature of the EDCP in transactions exempt from Section 16 pursuant to Rule 16a-11.

Signature

Joshua M. Erickson, as attorney in fact.|2026-04-02

1 file