secwatch.observer — SEC 8-K summary
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Issuer:     WEC ENERGY GROUP, INC. (WEC)
CIK:        0000783325
Form:       8-K
Filed at:   2024-12-06T23:59:59+00:00
Accession:  0000107815-24-000271
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

WEC Energy Group sets 2025 compensation metrics: EPS (75%), cash flow (25%), plus modifiers
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- 2025 STPP annual incentive based on EPS (75%) and cash flow (25%) for most NEOs; up to 10% modifier from customer satisfaction, safety, diversity.
- For Wisconsin utility operations NEOs, metrics include EPS (25%), cash flow (25%), and aggregate net income (50%).
- 2025 Performance Unit Awards use total shareholder return vs. peer group (55%) and weighted avg authorized ROE (45%); P/E ratio can boost vesting by up to 25%.
- Maximum vesting for performance units capped at 200% of target.
- Compensation Committee approved these on December 5, 2024, for the 2025 plan year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/783325/000010781524000271/0000107815-24-000271-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/783325/000010781524000271/wec-20241205.htm
  HTML page:      https://secwatch.observer/filing/0000107815-24-000271

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