Form 4: MGE Energy Inc. Executive Acquires and Disposes of Shares
SEC Form 4 Filing
Jenny Lynn Lagerwall, AVP Acctg & Controller (CAO) of MGE Energy Inc., reports acquiring and disposing of common stock.
Summary
- On March 3, 2025, Jenny Lynn Lagerwall, AVP Acctg & Controller (CAO) of MGE Energy Inc. (MGEE), acquired 510 shares of common stock.
- The acquisition price was $0.
- Lagerwall also disposed of 1,297.316 shares.
- Following these transactions, Lagerwall beneficially owns 1,297.316 shares of MGE Energy Inc.
- The reported transactions also include adjustments for accrued dividends pursuant to dividend reinvestment and exempt from Sec 16 under Rule 16a-11.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports transactions by an insider.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for executives to receive and trade company stock as part of their compensation.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by an insider.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: acquisition and disposal of common stock. |
| 03/05/2025 | Date of signature. |
| 12/31/2027 | RSUs vest on this date. |
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