---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-004012"
form_type: "8-K"
ticker: "MGEE"
cik: "0001161728"
company_name: "MGE ENERGY INC"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T01:34:56.894100+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# MGE Energy increases director retainer to $50,000 and equity awards to $80,000

## Summary
- Director retainer increased from $45,000 to $50,000, effective upon Board approval on Feb 17, 2023.
- Annual equity awards under 2021 Long-Term Incentive Plan raised from $50,000 to $80,000.
- Board and committee meeting fees remain unchanged.

## SEC filing metadata
- accession: 0000950170-23-004012
- form_type: 8-K
- ticker: MGEE
- cik: 0001161728
- company_name: MGE ENERGY INC
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1161728/000095017023004012/0000950170-23-004012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61339/000095017023004012/mgee-20230217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-004012
- JSON: https://secwatch.observer/filing/0000950170-23-004012.json
- Plain text: https://secwatch.observer/filing/0000950170-23-004012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.