Mge Energy MGEE Insider Ownership

NASDAQ MGEE

$72.20 +0.89 (+1.25%)

At close: Oct 20, 2026 · 4:00 PM EDT

Insider Holdings by Owner

220.77K Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

0.432%

▲+0.0017% pp QoQ

Shares Held by Insiders

163.21K

filed for Sep 2026

▲+0.40% QoQ

Shares Outstanding

37.78Mn

37,784,012 shares

Direct Holdings

160.99K

Indirect: 2.22K

Net Shares Traded (QoQ)

+651

net buying in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

Across the past 12 months, open-market trades by Mge Energy insiders were all purchases, totaling $92,720 (1.18K shares).

Among Mge Energy insiders, James G. Berbee (Director) led open-market buying over the past 12 months with $92,720 of purchases (1.18K shares); the latest was on September 9, 2026.
Away from the open market, MGEE insiders received 46.82K shares in stock awards, acquired 2.98K shares through option exercises and conversions and gave up 3.3K shares to cover taxes or exercise prices over the last 12 months.
Per Business Quant data, Mge Energy insiders hold 163.21K shares in total based on their latest Form 4 filings, up 0.40% from 162.56K shares at the end of Q2 2026 and up 43.41% from 113.81K shares at the end of Q3 2025.
By type of ownership, MGEE insiders hold 98.64% of their shares directly (160.99K shares) and 1.36% indirectly (2.22K shares).
MGEE's insider total is spread across 18 insiders who have filed a Form 4 in the past two years.
MGEE's largest insider holders by reported holdings are Jared Joseph Bushek (VP Chief Financial Officer & Treasurer, 35.8K shares), Jeffrey M. Keebler (Chairman, President & CEO, 31.91K shares) and Gary J. Wolter (Director, 22.31K shares).
Jared Joseph Bushek alone accounts for 21.93% of the shares held by Mge Energy insiders.
Institutions owned 69.84% of MGEE shares as of Q2 2026; insiders' latest Form 4 filings account for about 0.43%, leaving roughly 29.73% with other investors, including the public.
Over the trailing 12 months, 18 insiders reported transactions in MGEE stock across 39 Form 4 filings.
This summary of Mge Energy insider activity covers Form 4 filings through September 11, 2026.

Form 4 Holdings

Insiders Holding MGEE

Insiders 21

Shares held 220.77K

Of outstanding 0.584%

#	Insider	Position	Direct	Total	Share of Insiders	Last Filed
1	Jeffrey M Keebler	Chairman, President Ceo	44,265	44,265	20.1%	03 Mar, 2026
2	Jared Joseph Bushek	Vp Chief Fin. Off. Treasurer	39,158	39,158	17.7%	21 Apr, 2026
3	Lynn K Hobbie	Exec. Vp Marketing Comm.	25,569	25,569	11.6%	06 Jan, 2026
4	Gary J Wolter	Director	22,306	22,306	10.1%	05 Jan, 2026
5	James G Berbee	Director	18,451	18,451	8.4%	11 Sep, 2026
6	Cari Anne Renlund	Vp General Counsel Sec.	10,644	10,644	4.8%	03 Mar, 2026
7	James Jerome Lorenz	Vp Energy Operations	9,306	9,306	4.2%	03 Mar, 2026
8	Londa J Dewey	Director	7,135	7,135	3.2%	05 Jan, 2026
9	James L Possin	Director	7,132	7,132	3.2%	05 Jan, 2026
10	Tamara Jean Johnson	Vp Cao Controller	6,645	6,645	3.0%	05 Mar, 2024
11	Scott Robert Smith	Vp Business And Reg. Strategy	6,523	6,523	3.0%	03 Mar, 2026
12	Thomas R Stolper	Director	5,670	5,670	2.6%	02 Jan, 2024
13	Melissa Tyson Garner	Vp People Community Engmnt	3,631	3,631	1.6%	03 Mar, 2026
14	Marcia M Anderson	Director	3,258	3,258	1.5%	05 Jan, 2026
15	John Anthony Jicha	Vp Energy Supply Asst Treas.	2,815	2,815	1.3%	04 Mar, 2026
16	Noble Lynnwood Wray	Director	2,199	2,199	1.0%	05 Jan, 2026
17	Jenny Lynn Lagerwall	Avp Acctg Controller (Cao)	1,992	1,992	0.9%	03 Mar, 2026
18	Mark D Bugher	Director	1,500	1,500	0.7%	03 Jan, 2024
19	Angela S. Rieger	Director	918	918	0.4%	05 Jan, 2026
20	Daniel James Kelly	Director	918	918	0.4%	05 Jan, 2026
21	Patricia K Ackerman	Director	734	734	0.3%	05 Jan, 2026

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

325 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
09 Sep, 2026	James G Berbee	Director	Acquired P	275	$77.35	$21.25K	10,013	Direct
19 Aug, 2026	James G Berbee	Director	Acquired P	261	$81.30	$21.25K	9,738	Direct
17 Apr, 2026	Jared Joseph Bushek	Vp Chief Fin. Off. Treasurer	Acquired A	25,000	$0.00	$0	35,796	Direct
11 Mar, 2026	James G Berbee	Director	Acquired P	373	$77.74	$28.98K	9,362	Direct
02 Mar, 2026	John Anthony Jicha	Vp Energy Supply Asst Treas.	Acquired A	945	$0.00	$0	2,815	Direct
02 Mar, 2026	Jeffrey M Keebler	Chairman, President Ceo	Acquired A	10,905	$0.00	$0	31,908	Direct
02 Mar, 2026	Londa J Dewey	Director	Acquired A	1,039	$0.00	$0	1,039	Direct
02 Mar, 2026	Gary J Wolter	Director	Acquired A	1,039	$0.00	$0	1,039	Direct
02 Mar, 2026	Scott Robert Smith	Vp Business And Reg. Strategy	Acquired A	1,116	$0.00	$0	4,411	Direct
02 Mar, 2026	Jenny Lynn Lagerwall	Avp Acctg Controller (Cao)	Acquired A	688	$0.00	$0	1,992	Direct
02 Mar, 2026	Angela S. Rieger	Director	Acquired A	1,039	$0.00	$0	1,039	Direct
02 Mar, 2026	Patricia K Ackerman	Director	Acquired A	1,039	$0.00	$0	1,039	Direct
02 Mar, 2026	James Jerome Lorenz	Vp Energy Operations	Acquired A	1,390	$0.00	$0	6,337	Direct
02 Mar, 2026	Marcia M Anderson	Director	Acquired A	1,039	$0.00	$0	1,039	Direct
02 Mar, 2026	Jared Joseph Bushek	Vp Chief Fin. Off. Treasurer	Acquired A	3,684	$0.00	$0	10,781	Direct
02 Mar, 2026	James G Berbee	Director	Acquired A	1,039	$0.00	$0	1,039	Direct
02 Mar, 2026	Cari Anne Renlund	Vp General Counsel Sec.	Acquired A	1,716	$0.00	$0	7,036	Direct
02 Mar, 2026	Daniel James Kelly	Director	Acquired A	1,039	$0.00	$0	1,039	Direct
02 Mar, 2026	James L Possin	Director	Acquired A	1,039	$0.00	$0	1,039	Direct
02 Mar, 2026	Noble Lynnwood Wray	Director	Acquired A	1,039	$0.00	$0	1,039	Direct

Showing 1 to 20 of 325 transactions