WEC Energy Group Director Sells $166,170 in Stock

Ulice Payne, Jr. sold 1,450 shares of the company's stock.

Mar. 3, 2026 at 8:47am

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WEC Energy Group, Inc. (NYSE:WEC) Director Ulice Payne, Jr. sold 1,450 shares of the company's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $114.60, for a total value of $166,170.00. Following the sale, the director owned 20,541 shares of the company's stock, valued at $2,353,998.60.

Why it matters

This transaction represents a 6.59% decrease in Payne's ownership of WEC Energy Group stock. As a director, his stock sales are closely watched by investors and regulators to ensure there are no conflicts of interest or improper insider trading activities.

The details

The sale was disclosed in a legal filing with the Securities & Exchange Commission. WEC Energy Group is a Milwaukee-based regulated energy holding company that operates utility subsidiaries providing electricity and natural gas services across the Midwest.

  • The stock sale occurred on Tuesday, February 24th, 2026.

The players

Ulice Payne, Jr.

A director of WEC Energy Group, Inc.

WEC Energy Group, Inc.

A Milwaukee-based regulated energy holding company that operates utility subsidiaries providing electricity and natural gas services across the Midwest.

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The takeaway

This stock sale by a WEC Energy Group director is a routine transaction that reflects normal portfolio management, rather than any larger strategic shift or concern about the company's performance.