MGE ENERGY INC — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| Berbee James G | — | Purchase | 270 | $78.57 | $21,235 | 6,889 | Dec 5, 2025 |
| Berbee James G | — | Purchase | 254 | $83.75 | $21,237 | 6,583 | Sep 8, 2025 |
| Berbee James G | — | Purchase | 507 | $83.83 | $42,476 | 6,329 | Aug 15, 2025 |
| Berbee James G | — | Other | 5,793 | — | — | 5,793 | Apr 25, 2025 |
| Berbee James G | — | Purchase | 446 | $90.83 | $40,468 | 11,532 | Mar 12, 2025 |
| Keebler Jeffrey M | Chairman, President & CEO | Award / Grant | 6,907 | — | — | 22,077 | Mar 3, 2025 |
| Renlund Cari Anne | VP General Counsel & Sec. | Award / Grant | 1,345 | — | — | 5,721 | Mar 3, 2025 |
| Bushek Jared Joseph | VP Chief Fin. Off. & Treasurer | Award / Grant | 2,867 | — | — | 7,492 | Mar 3, 2025 |
| Lorenz James Jerome | VP Energy Operations | Award / Grant | 1,079 | — | — | 5,170 | Mar 3, 2025 |
| Smith Scott Robert | VP Business and Reg. Strategy | Award / Grant | 854 | — | — | 3,572 | Mar 3, 2025 |
| Lagerwall Jenny Lynn | AVP - Acctg & Controller (CAO) | Award / Grant | 510 | — | — | 1,297 | Mar 3, 2025 |
| HOBBIE LYNN K | Exec. VP Marketing & Comm. | Award / Grant | 1,056 | — | — | 13,924 | Mar 3, 2025 |
| Garner Melissa Tyson | VP-People & Community Engmnt | Award / Grant | 1,057 | — | — | 2,424 | Mar 3, 2025 |
| Keebler Jeffrey M | Chairman, President & CEO | Tax Withholding | 1,103 | $92.96 | $102,535 | 15,170 | Jan 2, 2025 |
| Lorenz James Jerome | VP Energy Operations | Tax Withholding | 258 | $92.96 | $23,984 | 4,091 | Jan 2, 2025 |
| HOBBIE LYNN K | Exec. VP Marketing & Comm. | Tax Withholding | 437 | $92.96 | $40,624 | 12,868 | Jan 2, 2025 |
| Renlund Cari Anne | VP General Counsel & Sec. | Tax Withholding | 403 | $92.96 | $37,463 | 4,376 | Jan 2, 2025 |
| Bushek Jared Joseph | VP Chief Fin. Off. & Treasurer | Tax Withholding | 325 | $92.96 | $30,212 | 4,625 | Jan 2, 2025 |
| Smith Scott Robert | VP Business and Reg. Strategy | Tax Withholding | 280 | $92.96 | $26,029 | 2,718 | Jan 2, 2025 |
| Berbee James G | — | Option Exercise | 692 | — | — | 11,086 | Dec 31, 2024 |
| Anderson Marcia M | — | Disposition | 173 | — | — | 1,676 | Dec 31, 2024 |
| WOLTER GARY J | — | Option Exercise | 692 | — | — | 20,933 | Dec 31, 2024 |
| Possin James L | — | Disposition | 139 | — | — | 3,841 | Dec 31, 2024 |
| DEWEY LONDA J | — | Option Exercise | 692 | — | — | 5,762 | Dec 31, 2024 |
| Wray Noble Lynnwood | — | Option Exercise | 692 | — | — | 719 | Dec 31, 2024 |
| Berbee James G | — | Purchase | 406 | $87.36 | $35,479 | 10,295 | Aug 23, 2024 |
| Berbee James G | — | Purchase | 58 | $78.00 | $4,497 | 9,834 | May 30, 2024 |
| Berbee James G | — | Purchase | 458 | $82.16 | $37,605 | 9,725 | Mar 6, 2024 |
| Lorenz James Jerome | VP Energy Operations | Award / Grant | 972 | — | — | 4,309 | Mar 1, 2024 |
| Smith Scott Robert | VP Business and Reg. Strategy | Award / Grant | 921 | — | — | 2,987 | Mar 1, 2024 |
| Johnson Tamara Jean | VP CAO & Controller | Tax Withholding | 264 | $63.64 | $16,801 | 2,704 | Mar 1, 2024 |
| Renlund Cari Anne | VP General Counsel & Sec. | Tax Withholding | 370 | $63.64 | $23,547 | 3,242 | Mar 1, 2024 |
| HOBBIE LYNN K | Exec. VP Marketing & Comm. | Tax Withholding | 401 | $63.64 | $25,520 | 11,673 | Mar 1, 2024 |
| Bushek Jared Joseph | VP Chief Fin. Off. & Treasurer | Award / Grant | 1,854 | — | — | 4,928 | Mar 1, 2024 |
| Keebler Jeffrey M | Chairman, President & CEO | Tax Withholding | 1,394 | $63.64 | $88,714 | 11,018 | Mar 1, 2024 |
| Possin James L | — | Option Exercise | 760 | — | — | 3,272 | Dec 31, 2023 |
| Bugher Mark D | — | Option Exercise | 760 | — | — | 1,690 | Dec 31, 2023 |
| WOLTER GARY J | — | Disposition | 190 | — | — | 20,241 | Dec 31, 2023 |
| Berbee James G | — | Option Exercise | 760 | — | — | 9,218 | Dec 31, 2023 |
| DEWEY LONDA J | — | Option Exercise | 760 | — | — | 5,260 | Dec 31, 2023 |
| Anderson Marcia M | — | Disposition | 190 | — | — | 1,130 | Dec 31, 2023 |
| Stolper Thomas R | — | Disposition | 190 | — | — | 5,670 | Dec 31, 2023 |
| Possin James L | — | Option Exercise | 760 | — | — | 4,182 | Dec 31, 2023 |
| Berbee James G | — | Purchase | 20 | $74.39 | $1,499 | 8,458 | Dec 6, 2023 |
| Smith Scott Robert | VP Business and Reg. Strategy | Purchase | 134 | $74.39 | $9,994 | 134 | Dec 6, 2023 |
| Berbee James G | — | Purchase | 100 | $75.07 | $7,495 | 8,438 | Nov 15, 2023 |
| Berbee James G | — | Purchase | 434 | $74.84 | $32,480 | 8,291 | Aug 25, 2023 |
| Berbee James G | — | Purchase | 60 | $75.50 | $4,497 | 7,816 | May 23, 2023 |
| Lorenz James Jerome | VP Energy Operations | Purchase | 143 | $69.96 | $9,992 | 2,970 | Mar 10, 2023 |
| Berbee James G | — | Purchase | 1,146 | $70.19 | $80,454 | 7,722 | Mar 10, 2023 |