Scott Robert Smith - 02 Mar 2026 Form 4 Insider Report for MGE ENERGY INC (MGEE)

Role: VP Business and Reg. Strategy
Signature: /s/ Scott Robert Smith
Issuer symbol: MGEE
Transactions as of: 02 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2026, 16:28:14 UTC
Previous filing: 06 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Smith Scott Robert	VP Business and Reg. Strategy	623 RAILROAD STREET, PO BOX 1231, MADISON	/s/ Scott Robert Smith	03 Mar 2026	0001860752

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MGEE	Common Stock	Award	$0	+1,116	+34%	$0.000000	4,411	02 Mar 2026	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units (RSUs) which are converted to common stock on a one-to-one basis when vested. The RSUs vest on December 31, 2028.
F2	Includes adjustments for accrued dividends pursuant to dividend reinvestment and exempt from Sec 16 under Rule 16a-11