<SEC-DOCUMENT>0000950170-24-080289.txt : 20240702
<SEC-HEADER>0000950170-24-080289.hdr.sgml : 20240702
<ACCEPTANCE-DATETIME>20240702142916
ACCESSION NUMBER:		0000950170-24-080289
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240701
FILED AS OF DATE:		20240702
DATE AS OF CHANGE:		20240702

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Lagerwall Jenny Lynn
		CENTRAL INDEX KEY:			0002028765
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-49965
		FILM NUMBER:		241094369

	MAIL ADDRESS:	
		STREET 1:		623 RAILROAD STREET
		STREET 2:		PO BOX 1231
		CITY:			MADISON
		STATE:			WI
		ZIP:			53701-1231

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MGE ENERGY INC
		CENTRAL INDEX KEY:			0001161728
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC, GAS & SANITARY SERVICES [4900]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				392040501
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		133 SOUTH BLAIR STREET
		STREET 2:		PO BOX 1231
		CITY:			MADISON
		STATE:			WI
		ZIP:			53701-1231
		BUSINESS PHONE:		(608) 252-7000

	MAIL ADDRESS:	
		STREET 1:		133 SOUTH BLAIR STREET
		STREET 2:		PO BOX 1231
		CITY:			MADISON
		STATE:			WI
		ZIP:			53701-1231
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2024-07-01</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001161728</issuerCik>
        <issuerName>MGE ENERGY INC</issuerName>
        <issuerTradingSymbol>MGEE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002028765</rptOwnerCik>
            <rptOwnerName>Lagerwall Jenny Lynn</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>623 RAILROAD STREET</rptOwnerStreet1>
            <rptOwnerStreet2>PO BOX 1231</rptOwnerStreet2>
            <rptOwnerCity>MADISON</rptOwnerCity>
            <rptOwnerState>WI</rptOwnerState>
            <rptOwnerZipCode>53701-1231</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>AVP - Acctg &amp; Controller (CAO)</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>309.3439</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>475</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Represents restricted stock units (RSU's) which are converted to common stock on a one-to-one basis when vested. The RSU's vest on December 31, 2026.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Jenny L. Lagerwall</signatureName>
        <signatureDate>2024-07-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
