WRAY NOBLE LYNNWOOD

PrivateCIK: 1881743
Location

MADISON, WI

WRAY NOBLE LYNNWOOD exercised options at MGE ENERGY INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise
InsiderWRAY NOBLE LYNNWOODCIK 1881743
IssuerMGE ENERGY INCCIK 1161728
Director
Since Sep 2021
-516.00
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
2.06K acquired · 2.58K disposed
Non-Derivative Transactions2

Common Stock

Direct
M · Option Exercise

Shares

+2.06K

Price / share

Trade value

% of position

328.3%
12/31/2025
628.082.69K

Common Stock

Direct
D · Disposition

Shares

516.00

Price / share

Trade value

% of position

19.2%
12/31/2025
2.69K2.17K
Total

Net shares

+1.55K

Net value

$0.00

Derivative Transactions1

Restricted Stock Units

Direct
M · Option Exercise
Converts to

common stock

2.06K shares

Shares

2.06K

Strike price

Held after

0.00

Exercisable

12/31/2025
WRAY NOBLE LYNNWOOD — Insider Transaction (Form 4) Filed Jan 5, 2026 | Finecho