Form 4: Black Hills Corp Director Scott M. Prochazka Reports Acquisition of 2,222 Shares

Director Scott M. Prochazka reports acquisition of 2,222 shares of Black Hills Corp common stock on May 1, 2025, through a non-employee director restricted stock unit grant.

Summary

• On May 1, 2025, Scott M. Prochazka, a director of Black Hills Corp, acquired 2,222 shares of common stock.
• The acquisition was a result of a non-employee director restricted stock unit grant.
• The price per share was $0.
• Following the transaction, Prochazka directly owns 9,319.4288 shares of Black Hills Corp common stock.
• Prochazka also indirectly owns 2,215.9088 phantom stock units, which convert to common stock on a 1-for-1 basis and are exercisable upon retirement.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock grant to a director, which is a normal part of compensation. There's no indication of significant positive or negative implications.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The phantom stock units are exercisable upon retirement, suggesting a long-term commitment from the director.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals director confidence.

Key Dates

Keywords

Black Hills Corp, Director, Stock Acquisition, Form 4, Restricted Stock Unit, Prochazka, BKH, Insider Trading