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Get filing alertsMGE Energy shareholders approve directors, auditor, and executive pay at annual meeting
Filed May 22, 2026 · Period ending May 19, 2026 · ~1 min read
Key Changes
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Three Class I directors elected to three-year terms expiring 2029: James Berbee (97.9% approval), Londa Dewey (96.9%), and Angela Rieger (98.5%). All received strong shareholder support.
Item 5.07 verify on EDGAR → -
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PricewaterhouseCoopers ratified as independent auditor for 2026 with 97.9% approval, continuing the firm's engagement with the company.
Item 5.07 verify on EDGAR → -
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Executive compensation approved in advisory vote with 94.5% support. While non-binding, the strong approval indicates shareholder satisfaction with management pay practices.
Item 5.07 verify on EDGAR →
Summary
MGE Energy filed a routine 8-K disclosing results from its May 19, 2026 Annual Meeting of Shareholders. The meeting covered standard corporate governance matters with no surprises. All three director nominees were elected with overwhelming support (96-98% approval rates), PwC was ratified as auditor, and the say-on-pay vote passed with 94.5% approval. For retail investors, this filing signals business as usual.
The high approval rates across all proposals suggest shareholders are generally satisfied with the board's composition and executive compensation structure. There were no contested elections, shareholder proposals, or unusual voting patterns that would indicate governance concerns.
The next item to watch is MGE Energy's proxy statement for the 2027 annual meeting, which will detail any changes to board composition, executive compensation, or corporate governance practices. Routine annual meeting results like these typically have no impact on stock price or operations.
Section-by-Section Diff
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
MGE Energy held its 2026 Annual Meeting on May 19, electing three directors, ratifying PwC as auditor, and approving executive compensation.
Show 3 minor / wording changes
Added in current filing · verify on EDGAR →
Election of three Class I Directors with terms of office expiring at the 2029 annual meeting of shareholders. For Votes | Against Votes | Abstained | Broker Non-Votes James G. Berbee 21,071,638 | 451,915 | 247,806 | 4,534,547 Londa J. Dewey 20,822,325 | 674,656 | 274,378 | 4,534,547 Angela S. Rieger 21,179,826 | 330,755 | 260,778 | 4,534,547
Three Class I Directors were elected at the Annual Meeting with terms expiring in 2029. James G. Berbee received 21,071,638 votes for, Londa J. Dewey received 20,822,325 votes for, and Angela S. Rieger received 21,179,826 votes for. All three directors were elected with majority support.
Added in current filing · verify on EDGAR →
Ratification of selection of PricewaterhouseCoopers LLP to serve as the company's independent registered public accounting firm for the year 2026. For Votes | Against Votes | Abstained | 25,526,278 | 531,389 | 248,239
Shareholders ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026. The proposal received 25,526,278 votes for, 531,389 votes against, and 248,239 abstentions, representing strong shareholder approval.
Added in current filing · verify on EDGAR →
Advisory vote on executive compensation as disclosed in the annual meeting proxy statement. For Votes | Against Votes | Abstained | Broker Non-Votes | 20,105,054 | 1,166,451 | 499,854 | 4,534,547
Shareholders approved the advisory vote on executive compensation with 20,105,054 votes for, 1,166,451 votes against, and 499,854 abstentions. This non-binding say-on-pay vote received approximately 94.5% support from voting shareholders.
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Figures/quotes linked to EDGAR · Narrative written by AI · May 25, 2026 · How we verify