James Lorenz compensation by year
MGE ENERGY Summary Compensation Table · the one fiscal year held| Component | FY2025 |
|---|---|
| Salary | $328,631 |
| Bonus | $0 |
| Stock awards | $219,156 |
| Option awards | $0 |
| Non-equity incentive | $195,382 |
| Pension and deferred compensation | $185,188 |
| All other | $58,846 |
| Total | $987,203 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: MGE ENERGY INC DEF 14A filed April 2, 2026, accession 0001161728-26-000005, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 1,619 | $126,962 | — |
| PSU | 1,458 | $114,336 | — |
| PSU | 1,079 | $84,615 | — |
| PSU | 972 | $76,224 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in MGE ENERGY INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
MGE ENERGY’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Jeffrey Keebler | Chairman of the Board, President, and Chief Executive Officer | $3,613,508 |
| Jared Bushek | Vice President – Chief Financial Officer and Treasurer | $1,464,884 |
| Cari Anne Renlund | Vice President, General Counsel and Secretary | $1,059,923 |
| James Lorenz · this page | Vice President – Energy Operations | $987,203 |
| Lynn Hobbie | Former Executive Vice President | $910,888 |
The full MGE ENERGY compensation record
free company briefThis page is one person within MGE ENERGY's record. The company brief lists every named executive, each linking to their own page.
Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are MGE ENERGY's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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