Form 4: Black Hills Corp Executive Erik Keller D Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Erik Keller D, Sr VP and Chief Info Officer of Black Hills Corp, reports disposition of shares to cover tax withholding related to restricted stock vesting.

Summary

  • On February 11, 2025, Erik Keller D, Sr VP and Chief Information Officer of Black Hills Corp, reported a transaction involving the company's common stock.
  • The transaction involved the disposition of 177.9 shares at a price of $60.04 per share.
  • These shares were used to cover tax withholding obligations associated with the vesting of restricted stock granted on February 11, 2022.
  • Following the transaction, Erik Keller D beneficially owns 10,258.525 shares of Black Hills Corp common stock directly.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This filing indicates a standard transaction related to tax obligations on vested equity.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

DateDescription
02/11/2022Date of Restricted Stock Grant
02/11/2025Date of Stock Transaction (Disposition of shares for tax withholding)
02/13/2025Date of Signature on the Form 4

Keywords

Form 4, Black Hills Corp, BKH, Erik Keller D, Insider Trading, Stock Transaction, Restricted Stock, Tax Withholding, Beneficial Ownership

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