MGEE.NASDAQMge Energy INC
Form 4: MGE Energy Director Gary J. Wolter Acquires Restricted Stock Units
Sentiment:
SEC Form 4 Filing
Director Gary J. Wolter acquired 1,267 restricted stock units of MGE Energy Inc. on March 1, 2024, which will vest on December 31, 2026.
Summary
- On March 1, 2024, Gary J. Wolter, a director of MGE Energy Inc., acquired 1,267 restricted stock units (RSUs).
- These RSUs will vest on December 31, 2026, and convert to common stock on a one-to-one basis.
- Wolter has the option to receive 25% of the payout in cash.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Gary J. Wolter acquired 1,267 restricted stock units. |
| 12/31/2026 | Vesting date for the restricted stock units. |
| 03/04/2024 | Date of Form 4 filing. |
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