MGE Energy Inc. Files 2024 DEF 14A
Ticker: MGEE · Form: DEF 14A · Filed: Apr 4, 2025 · CIK: 1161728
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
Related Tickers: MGEE
TL;DR
MGE Energy filed its 2024 proxy statement, detailing exec pay and governance. Vote your shares!
AI Summary
MGE Energy Inc. filed a DEF 14A on April 4, 2025, detailing executive compensation and corporate governance matters for the fiscal year ending December 31, 2024. The filing includes information on the company's board of directors and their compensation, as well as details on various compensation plans and stock performance. Specific dollar amounts for executive salaries and bonuses are not explicitly detailed in the provided snippet, but the filing pertains to the company's overall financial reporting and shareholder accountability.
Why It Matters
This filing provides shareholders with crucial information regarding executive compensation and corporate governance, enabling informed voting decisions on company leadership and policies.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) that primarily concerns executive compensation and corporate governance, not indicating immediate financial distress or significant operational changes.
Key Numbers
- 2024 — Fiscal Year End (The period covered by the compensation and governance details in the filing.)
- 20250404 — Filing Date (The date MGE Energy submitted this DEF 14A to the SEC.)
Key Players & Entities
- MGE ENERGY INC (company) — Filer of the DEF 14A
- 0000950170-25-050955 (filing_id) — Accession number for the filing
- 20250404 (date) — Filing date
- 2024-12-31 (date) — Fiscal year end
- 133 SOUTH BLAIR STREET (address) — Company's business and mailing address
- MADISON (location) — City of company headquarters
- WI (location) — State of company incorporation
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used by companies to solicit proxy votes from shareholders for their annual meeting, providing details on matters to be voted upon, including executive compensation, director elections, and other corporate governance issues.
When was this DEF 14A filed by MGE Energy Inc.?
MGE Energy Inc. filed this DEF 14A on April 4, 2025.
What fiscal year does this filing primarily cover?
This filing primarily covers the fiscal year ending December 31, 2024.
Where is MGE Energy Inc. headquartered?
MGE Energy Inc. is headquartered in Madison, Wisconsin, with its business and mailing address listed as 133 South Blair Street, Madison, WI 53701-1231.
What is the company's Standard Industrial Classification (SIC) code?
MGE Energy Inc.'s Standard Industrial Classification (SIC) code is 4900, which falls under Electric, Gas & Sanitary Services.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 4, 2025 regarding MGE ENERGY INC (MGEE).