Kelly Daniel James 4
4 · MGE ENERGY INC · Filed Jan 5, 2026
Insider Transaction Report
Form 4
MGE ENERGY INCMGEE
Kelly Daniel James
Director
Transactions
- Exercise/Conversion
Common Stock
2025-12-31+918→ 918 total - Exercise/Conversion
Restricted Stock Units
2025-12-31−918→ 0 total→ common stock (918 underlying)
Footnotes (2)
- [F1]On March 3, 2025, the reporting personwas granted 918 retricted stock units (RSU's) that vested on December 31, 2025.
- [F2]Represents RSU's which are converted to common stock on a one-to-one basis when vested.