Form 4: Black Hills Corp Executive Erik Keller Reports Stock Transactions

Erik Keller, Senior VP and Chief Information Officer of Black Hills Corp, reports acquisition and disposal of company stock related to restricted stock grants and tax withholdings.

Summary

• On February 7, 2025, Erik Keller acquired 2,034 shares of Black Hills Corp common stock at a price of $59.46 per share through a restricted stock grant.
• On February 9, 2025, Mr. Keller disposed of 174.045 shares at $59.46 to cover tax withholding related to restricted stock vesting from a 2024 grant.
• An additional 125.123 shares were disposed of on February 9, 2025, at $59.46 to cover tax withholding related to restricted stock vesting from a 2023 grant.
• Following these transactions, Mr. Keller directly owns 10,436.425 shares of Black Hills Corp common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document primarily reports routine stock transactions related to compensation and tax obligations.

Positives

• The acquisition of shares through a restricted stock grant indicates confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into insider activity but doesn't necessarily indicate broader industry trends.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

Keywords

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