secwatch.observer — SEC 8-K summary
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Issuer:     WEC ENERGY GROUP, INC. (WEC)
CIK:        0000783325
Form:       8-K/A
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0000107815-24-000082
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

WEC Energy discloses Klappa's Non-Executive Chairman compensation: $120K retainer + $160K RSU + $187.5K additional
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- Gale Klappa transitions from Executive to Non-Executive Chairman after May 2024 shareholder meeting.
- Annual retainer fee of $120,000 and restricted stock award valued at $160,000 under director comp plan.
- Additional annual retainer of $187,500 for service as Non-Executive Chairman.
- 2024 fees prorated to reflect partial-year service; no additional restricted stock in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/783325/000010781524000082/0000107815-24-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/783325/000010781524000082/wec-20231108.htm
  HTML page:      https://secwatch.observer/filing/0000107815-24-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer