8-K

		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
	FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
		May 16, 2023 Date of report (date of earliest event reported)
Commission File No.		Name of Registrant, State of Incorporation, Address of Principal Executive Offices, and Telephone No.	IRS Employer Identification No.
000-49965		MGE Energy, Inc. (a Wisconsin Corporation) 133 South Blair Street Madison, Wisconsin 53788 (608) 252-7000 | mgeenergy.com	39-2040501

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common Stock, $1 Par Value Per Share	MGEE	The NASDAQ Stock Market

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Item 5.07. Submission of Matters to a Vote of Security Holders.

MGE Energy's Annual Meeting of Shareholders was held on May 16, 2023. The results of voting on each of the matters submitted to a vote of security holders during the annual meeting were as follows:
 

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

No votes were cast for any other nominee. The directors continuing in office are:

Class II Directors Term Expires 2024	Class III Directors Term Expires 2025
Marcia M. Anderson	Mark D. Bugher
Jeffrey M. Keebler	James L. Possin
Gary J. Wolter	Noble L. Wray

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

As described in the Proxy Statement, the votes "For" must exceed the votes cast "Against" at the meeting in order to ratify the selection of the auditors. Abstentions do not have any effect. Below are the percentages of the votes cast either "For" or "Against" ratification of PricewaterhouseCoopers LLP for the fiscal year 2023.

For	Against
98%	2%

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

As described in the Proxy Statement, the advisory vote on executive compensation is nonbinding, as provided by law. Below are the percentages of the votes cast either "For" or "Against" the advisory vote on executive compensation.

For	Against
95%	5%

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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

As described in the Proxy Statement, the advisory vote on the frequency of future executive compensation voting is nonbinding, as provided by law. Below are the percentages of the votes cast for either "One Year", "Two Years" or "Three Years" on the frequency of future executive compensation voting.

One Year	Two Years	Three Years
94%	2%	4%

The Board of Directors had previously determined that the appropriate frequency for future advisory votes on executive compensation should be one year, as evidenced by the Board's voting recommendation in the proxy statement for the annual meeting. That determination was confirmed by the shareholder vote on this matter.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
104	Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

	MGE Energy, Inc.
	(Registrant)
Date: May 18, 2023	/s/ Tamara J. Johnson
	Tamara J. Johnson Vice President - Chief Accounting Officer and Controller

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XML

Document and Entity Information	May 16, 2023
Document And Entity Information [Line Items]
Entity Registrant Name	MGE Energy, Inc.
Entity Central Index Key	0001161728
Document Type	8-K
Document Period End Date	May 16, 2023
Amendment Flag	false
Trading Symbol	MGEE
Entity Emerging Growth Company	false
Security Exchange Name	NASDAQ
Title of 12(b) Security	Common Stock, $1 Par Value Per Share
Entity Tax Identification Number	39-2040501
Securities Act File Number	000-49965
Entity Address, Address Line One	133 South Blair Street
Entity Address, City or Town	Madison
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53788
City Area Code	608
Local Phone Number	252-7000
Written Communications	false
Soliciting Material	false
Pre-commencement Issuer Tender Offer	false
Pre-commencement Tender Offer	false
Entity Incorporation, State or Country Code	WI