Form 4: Black Hills Corp Director Steven Richard Mills Reports Acquisition of 2,222 Shares

Director Steven Richard Mills 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, Steven Richard Mills, 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, Mills directly owns 27,237.0183 shares of Black Hills Corp common stock.
• Mills also indirectly owns 20,977.6843 shares of common stock through Phantom Stock Units held in a trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing a stock transaction by a company director. The acquisition itself could be seen as mildly positive, but the document is primarily informational.

Positives

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

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for directors and officers of publicly traded companies in compliance with SEC regulations.
• The reporting requirements are consistent across all companies listed on U.S. stock exchanges.

Stakeholder Impact

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

Key Dates

Keywords

Black Hills Corp, Director, Steven Richard Mills, Stock Acquisition, Restricted Stock Unit, Beneficial Ownership, Form 4, Phantom Stock Unit