Form 4: Black Hills Corp CEO Evans Linden R Reports Stock Transaction
SEC Form 4 Filing
CEO Evans Linden R of Black Hills Corp reports disposition of shares to cover tax obligations related to restricted stock vesting.
Summary
- On February 11, 2025, Evans Linden R, President and CEO of Black Hills Corp, reported a transaction involving the company's common stock.
- A total of 1,120.344 shares were disposed of to cover tax withholding associated with restricted stock vesting from February 11, 2022.
- The price per share for the transaction was $60.04.
- Following the transaction, Evans Linden R directly owns 163,594.681 shares of Black Hills Corp common stock.
- Additionally, Evans Linden R indirectly owns 4,299.652 shares through a 401K.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes associated with vesting restricted stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/11/2022 | Date of original Restricted Stock Grant |
| 02/11/2025 | Date of stock transaction (disposal of shares for tax withholding) |
| 02/13/2025 | Date of signature on the Form 4 filing |
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