Form 4: MGE Energy Director Londa J. Dewey Reports Stock Transactions
SEC Form 4 Filing
Director Londa J. Dewey reports stock transactions related to vested restricted stock units (RSUs) of MGE Energy Inc.
Summary
- On December 31, 2024, Londa J. Dewey, a director of MGE Energy Inc., reported transactions involving the company's common stock.
- These transactions relate to the vesting of 692 restricted stock units (RSUs) granted on February 18, 2022.
- Dewey elected to receive 25% of the award in cash.
- As a result of these transactions, Dewey's direct holdings of common stock decreased by 173 shares, and she acquired 692 shares through the vesting of RSUs.
- Following the reported transactions, Dewey beneficially owns 5,589 shares of MGE Energy Inc. common stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common for directors and officers of publicly traded companies. It provides transparency into their holdings and trading activities.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine vesting of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| February 18, 2022 | Reporting person was granted 692 restricted stock units (RSU's). |
| December 31, 2024 | Date of earliest transaction; RSUs vested. |
| January 03, 2025 | Date of signature on the Form 4 filing. |
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