{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-023047","form_type":"8-K","ticker":"MGEE","cik":"0001161728","company_name":"MGE ENERGY INC","filed_at":"2023-05-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.082740+00:00","generated_at":"2026-06-14T20:49:18.037855+00:00","sec_items":["5.07","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"confidence":"high","headline":"MGE Energy shareholders elect three Class I directors, ratify PwC, approve say-on-pay at 2023 annual meeting","bullets":["James G. Berbee, Londa J. Dewey, and Thomas R. Stolper elected with votes ranging 19.2M-20.3M for; broker non-votes 4.73M.","PricewaterhouseCoopers ratified as auditor for FY2023 with 98% of votes cast in favor (27.3M for, 670K against).","Advisory say-on-pay approved with 95% of votes cast in favor (21.9M for, 1.15M against).","Advisory vote on frequency: 94% favored one year; board confirms annual say-on-pay going forward.","Directors continuing: Anderson, Bugher, Keebler, Possin, Wolter, Wray—terms through 2024 and 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-023047","json":"https://secwatch.observer/filing/0000950170-23-023047.json","markdown":"https://secwatch.observer/filing/0000950170-23-023047.md","text":"https://secwatch.observer/filing/0000950170-23-023047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1161728/000095017023023047/0000950170-23-023047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/61339/000095017023023047/mgee-20230516.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T20:49:18.037855+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"03344866b81042142194aef136c4be1576836236","claim":"MGE ENERGY INC shareholders approved Advisory vote on the frequency of future executive compensation voting as disclosed in the annual meeting proxy statement at the 2023-05-16 meeting.","evidence_excerpt":"4. Advisory vote on the frequency of future executive compensation voting as disclosed in the annual meeting proxy statement. One Year Two Years Three Years Abstained Broker Non-Votes 21,641,294 378,085 1,045,400 450,772 4,731,134","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1161728/000095017023023047/0000950170-23-023047-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"2c67d178620bf7e5d25822297eb73a927158893d","claim":"MGE ENERGY INC shareholders approved Election of three Class I Directors with terms of office expiring at the 2026 annual meeting of shareholders at the 2023-05-16 meeting.","evidence_excerpt":"1. Election of three Class I Directors with terms of office expiring at the 2026 annual meeting of shareholders . For Votes Withhold Votes Broker Non-Votes James G. Berbee 20,224,507 3,291,044 4,731,134 Londa J. Dewey 20,262,340 3,253,211 4,731,134 Thomas R. Stolper 19,231,075 4,284,476 4,731,134","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1161728/000095017023023047/0000950170-23-023047-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"73fa26870085800fd3a593447d1644bc70558035","claim":"MGE ENERGY INC shareholders approved Advisory vote on executive compensation as disclosed in the annual meeting proxy statement at the 2023-05-16 meeting.","evidence_excerpt":"3. Advisory vote on executive compensation as disclosed in the annual meeting proxy statement. For Votes Against Votes Abstained Broker Non-Votes 21,875,022 1,147,042 493,487 4,731,134","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1161728/000095017023023047/0000950170-23-023047-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"e782dc4c5f9a5529e9055fd4a8786814a635f331","claim":"MGE ENERGY INC shareholders approved Ratification of selection of PricewaterhouseCoopers LLP to serve as MGE Energy's independent registered public accounting firm for the year 2023 at the 2023-05-16 meeting.","evidence_excerpt":"2. Ratification of selection of PricewaterhouseCoopers LLP to serve as MGE Energy's independent registered public accounting firm for the year 2023. For Votes Against Votes Abstained Broker Non-Votes 27,308,486 670,711 267,488 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1161728/000095017023023047/0000950170-23-023047-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}