MGEE.NASDAQMge Energy INC

Form 4: MGE Energy VP James Lorenz Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


MGE Energy's VP of Energy Operations, James Lorenz, reported a disposition of 258 common stock shares on January 2, 2025.

Summary

  • James Lorenz, VP of Energy Operations at MGE Energy, filed a Form 4 indicating a transaction involving the company's common stock.
  • On January 2, 2025, Mr. Lorenz disposed of 258 shares of common stock.
  • The transaction was a disposition (sale) of shares at a price of $92.96 per share.
  • Following the transaction, Mr. Lorenz beneficially owns 4,091.2434 shares of MGE Energy common stock.
  • The reported transaction includes adjustments for accrued dividends pursuant to dividend reinvestment.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction by an executive, with no positive or negative implications for the company's performance.

Industry Context

This is a routine filing related to insider trading and is common for executives of publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for corporate insiders and are required by the SEC.
  • The transaction is a relatively small number of shares compared to the total outstanding shares of MGE Energy, and is not unusual for an executive to sell shares.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders.

Key Dates

DateDescription
01/02/2025Date of the stock transaction (disposition of shares).
01/06/2025Date the Form 4 was signed.

Keywords

MGE Energy, Form 4, insider trading, stock transaction, James Lorenz, equity securities, beneficial ownership

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