WEC Energy Group, Inc. reported an insider ownership change involving Thomas K. Lane, a company director or insider subject to Section 16 reporting. The Form 4 was filed on July 9, 2026, and reports a transaction dated July 8, 2026. The filing concerns phantom stock units under the WEC Energy Group, Inc. Director’s Deferred Compensation Plan. According to the explanatory notes, the phantom stock units were acquired through a deferral of director fees, rather than through an open-market purchase. The units are described as “one-for-one,” meaning each phantom stock unit corresponds economically to one share of WEC Energy Group common stock. The filing notes that the acquisition was exempt from Section 16(b) short-swing profit rules under Rule 16b-3(d), which commonly applies to certain issuer-approved director or officer compensation arrangements. It also states that some phantom stock units included in the reported ownership total were accrued through the plan’s dividend reinvestment feature, with those dividend-related accruals exempt under Rule 16a-11. No share count, transaction price, transaction code, or post-transaction ownership amount is provided in the supplied filing text. The document also does not indicate a sale or cash disposition of WEC shares. Instead, it reports a compensation-related increase or adjustment in Lane’s derivative holdings tied to deferred director compensation, to be settled according to the terms of the Director’s Deferred Compensation Plan. The filing was signed on July 9, 2026, by Joshua M. Erickson as attorney-in-fact for the reporting person. The action matters because phantom stock units give directors stock-linked economic exposure to the company, aligning part of their compensation with shareholder value, even though the transaction was plan-based and exempt rather than an open-market trade.