MGE ENERGY INC

Ticker: MGEE CUSIP: 55277P104 Class: EQTY

FIRST BUSINESS FINANCIAL SERVICES, INC.'s Holding History (CIK: 0001521951)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 6,252 Value ($000) $490 Avg Close $81.88 Range $77.46 - $87.44

Q3 2025

Shares 44,382 Value ($000) $3,736 Avg Close $84.55 Range $81.29 - $89.64

Q2 2025

Shares 46,899 Value ($000) $4,148 Avg Close $88.71 Range $82.64 - $92.70

Q1 2025

Shares 46,276 Value ($000) $4,302 Avg Close $89.24 Range $82.79 - $94.23

Q4 2024

Shares 45,584 Value ($000) $4,283 Avg Close $94.30 Range $85.20 - $106.47

Q3 2024

Shares 6,808 Value ($000) $623 Avg Close $83.06 Range $70.08 - $90.80

Q2 2024

Shares 7,795 Value ($000) $582 Avg Close $75.44 Range $70.99 - $79.58

Q1 2024

Shares 7,338 Value ($000) $578 Avg Close $67.28 Range $59.48 - $79.45

Q4 2023

Shares 6,238 Value ($000) $451 Avg Close $69.06 Range $62.00 - $72.73

Q3 2023

Shares 6,903 Value ($000) $473 Avg Close $71.95 Range $64.94 - $78.85

Q2 2023

Shares 7,203 Value ($000) $570 Avg Close $72.43 Range $66.60 - $76.55

Q1 2023

Shares 7,203 Value ($000) $559 Avg Close $67.95 Range $64.42 - $73.96

Q4 2022

Shares 7,203 Value ($000) $1 Avg Close $64.08 Range $57.39 - $69.26

Q3 2022

Shares 7,203 Value ($000) $473 Avg Close $72.70 Range $60.97 - $79.87

Q2 2022

Shares 7,203 Value ($000) $561 Avg Close $73.59 Range $68.07 - $78.29

Q1 2022

Shares 7,203 Value ($000) $575 Avg Close $69.83 Range $63.69 - $75.59

Q4 2021

Shares 7,203 Value ($000) $592 Avg Close $70.14 Range $65.70 - $75.65

Q3 2021

Shares 6,821 Value ($000) $501 Avg Close $71.14 Range $65.93 - $75.27

Q2 2021

Shares 6,821 Value ($000) $508 Avg Close $67.43 Range $63.48 - $70.23

Q1 2021

Shares 6,821 Value ($000) $487 Avg Close $60.60 Range $56.56 - $65.90

Q4 2020

Shares 6,821 Value ($000) $478 Avg Close $61.71 Range $55.58 - $66.52

Q3 2020

Shares 6,821 Value ($000) $427 Avg Close $57.65 Range $53.32 - $60.81

Q2 2020

Shares 5,856 Value ($000) $378 Avg Close $57.78 Range $49.69 - $64.40

Q1 2020

Shares 5,916 Value ($000) $387 Avg Close $65.70 Range $41.69 - $73.22

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	6,252	$490	$81.88	$77.46 - $87.44
Q3 2025	44,382	$3,736	$84.55	$81.29 - $89.64
Q2 2025	46,899	$4,148	$88.71	$82.64 - $92.70
Q1 2025	46,276	$4,302	$89.24	$82.79 - $94.23
Q4 2024	45,584	$4,283	$94.30	$85.20 - $106.47
Q3 2024	6,808	$623	$83.06	$70.08 - $90.80
Q2 2024	7,795	$582	$75.44	$70.99 - $79.58
Q1 2024	7,338	$578	$67.28	$59.48 - $79.45
Q4 2023	6,238	$451	$69.06	$62.00 - $72.73
Q3 2023	6,903	$473	$71.95	$64.94 - $78.85
Q2 2023	7,203	$570	$72.43	$66.60 - $76.55
Q1 2023	7,203	$559	$67.95	$64.42 - $73.96
Q4 2022	7,203	$1	$64.08	$57.39 - $69.26
Q3 2022	7,203	$473	$72.70	$60.97 - $79.87
Q2 2022	7,203	$561	$73.59	$68.07 - $78.29
Q1 2022	7,203	$575	$69.83	$63.69 - $75.59
Q4 2021	7,203	$592	$70.14	$65.70 - $75.65
Q3 2021	6,821	$501	$71.14	$65.93 - $75.27
Q2 2021	6,821	$508	$67.43	$63.48 - $70.23
Q1 2021	6,821	$487	$60.60	$56.56 - $65.90
Q4 2020	6,821	$478	$61.71	$55.58 - $66.52
Q3 2020	6,821	$427	$57.65	$53.32 - $60.81
Q2 2020	5,856	$378	$57.78	$49.69 - $64.40
Q1 2020	5,916	$387	$65.70	$41.69 - $73.22