Form 4: MGE Energy Inc. Executive Smith Reports Stock Transactions
SEC Form 4
VP of Business and Regulatory Strategy at MGE Energy, Scott Robert Smith, reports acquisition and disposal of company stock.
Summary
- On March 3, 2025, Scott Robert Smith, VP of Business and Regulatory Strategy at MGE Energy Inc., reported transactions involving the company's common stock.
- Smith acquired 854 shares of common stock.
- Smith also disposed of 3,572.1551 shares of common stock.
- Following these transactions, Smith directly owns 3,572.1551 shares of MGE Energy Inc.
- The reported transactions also involve restricted stock units (RSUs) that convert to common stock upon vesting, which is scheduled for December 31, 2027.
- The report includes adjustments for accrued dividends pursuant to dividend reinvestment.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing allows the public to see the trading activity of a key executive at MGE Energy.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of the reported stock transactions. |
| 03/05/2025 | Date of the signature on the Form 4 filing. |
| 12/31/2027 | Vesting date for the restricted stock units (RSUs). |
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