Form 4: MGE Energy Inc. Executive Tamara Johnson Reports Stock Transactions

Tamara Johnson, VP CAO & Controller of MGE Energy Inc., reports the acquisition and disposal of company stock on March 1, 2024.

Summary

• Tamara Johnson, VP CAO & Controller of MGE Energy Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 1, 2024, Ms. Johnson disposed of 264 shares of common stock at a price of $63.64 per share.
• Also on March 1, 2024, she acquired 976 shares of common stock.
• Following these transactions, Ms. Johnson beneficially owns 3,678.6216 shares of MGE Energy Inc. common stock.
• The acquired shares represent restricted stock units (RSUs) that will vest on December 31, 2026, and convert to common stock on a one-to-one basis.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition of 976 restricted stock units indicates a continued investment in the company's future by the reporting person.

Future Outlook

The vesting of the restricted stock units on December 31, 2026, will result in the conversion of these units to common stock.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the transactions of a high ranking officer at MGE Energy.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.

Key Dates