MGE Energy (NASDAQ: MGEE) officer discloses 1,870.3073 common shares on Form 3

Rhea-AI Filing Summary

MGE Energy Inc executive John Anthony Jicha filed a Form 3 reporting his ownership of 1,870.3073 shares of common stock. This includes restricted stock units that convert to common shares as they vest. Footnotes state 649 RSUs vest on December 31, 2026, and 621 RSUs vest on December 31, 2027.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jicha John Anthony

Role VP Energy Supply & Asst Treas.

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,870.307 shares (Direct)

Footnotes (1)

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Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Jicha John Anthony

(Last) (First) (Middle)

623 RAILROAD STREET

PO BOX 1231

(Street)

MADISON WI 53701-1231

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2026

3. Issuer Name and Ticker or Trading Symbol
MGE ENERGY INC [ MGEE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP Energy Supply & Asst Treas.

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,870.3073(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units (RSUs) which are converted to common stock on a one-to-one basis when vested. There are 649 RSUs that vest on December 31, 2026, and 621 RSUs that vest on December 31, 2027.

	/s/ John A. Jicha	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What does the MGE Energy (MGEE) Form 3 filing by John Anthony Jicha show?

The Form 3 shows that executive John Anthony Jicha beneficially owns 1,870.3073 MGE Energy common shares. This total includes restricted stock units that will convert into common stock as they vest on specified future dates.

How many MGE Energy (MGEE) restricted stock units does John Anthony Jicha hold?

John Anthony Jicha holds 649 restricted stock units vesting on December 31, 2026, and 621 restricted stock units vesting on December 31, 2027. Each restricted stock unit converts to one share of MGE Energy common stock upon vesting.

What role does John Anthony Jicha have at MGE Energy (MGEE) in this Form 3?

In this Form 3, John Anthony Jicha is identified as an officer of MGE Energy, serving as VP Energy Supply & Assistant Treasurer. The filing reports his initial beneficial ownership of the company’s common stock, including time-based restricted stock units.

Are the MGE Energy (MGEE) shares in John Anthony Jicha’s Form 3 directly owned?

The filing classifies the 1,870.3073 common shares as directly owned. The total comprises outright holdings plus restricted stock units that will convert to common shares on a one-to-one basis when they vest on the stated future dates.

Do the restricted stock units in the MGE Energy (MGEE) Form 3 have a conversion ratio?

Yes, the footnote states that each restricted stock unit converts to common stock on a one-to-one basis when vested. This applies to the 649 units vesting in 2026 and the 621 units vesting in 2027, as disclosed in the filing.