Jicha John Anthony 4

What Happened

• John Anthony Jicha, Vice President of Energy Supply and Assistant Treasurer at MGE Energy (MGEE), received an award of 945 restricted stock units (RSUs) on 2026-03-02. The reported acquisition price is $0.00 because these were compensation awards rather than an open-market purchase; no cash was exchanged at grant.

Key Details

• Transaction date: 2026-03-02; Form 4 filed: 2026-03-03.
• Grant: 945 RSUs; reported price: $0.00 (award).
• Vesting/conversion: RSUs convert 1-for-1 to common shares when they vest on December 31, 2028 (footnote).
• Dividend adjustment: Grant amount includes adjustments for accrued dividends under a dividend reinvestment arrangement and is noted as exempt from Section 16 reporting under Rule 16a-11 (footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form filed the day after the reported transaction date; no late-filing flag indicated in the provided data.

Context

• This was a compensation award (RSUs), not an open-market buy or sale. Such grants are routine executive compensation and do not, by themselves, indicate a purchase-driven bullish signal or an intent to sell.
• The RSUs will only become actual common shares if and when they vest on the stated date (Dec 31, 2028); tax withholding or subsequent sales would be reported separately when those events occur.