Form 4: Black Hills Corp Executive Marne M. Jones Reports Stock Transactions

Marne M. Jones, SVP Utilities at Black Hills Corp, reports acquisition and disposal of company stock related to restricted stock grants and tax withholdings.

Summary

• On February 7, 2025, Marne M. Jones acquired 4,407 shares of Black Hills Corp common stock at $59.46 per share through a restricted stock grant.
• On the same day, Jones acquired 16,102 shares at $59.46 per share.
• On February 9, 2025, Jones disposed of 275.745 shares at $59.46 per share to cover tax withholdings related to a restricted stock vesting from February 9, 2024.
• Additionally, on February 9, 2025, Jones disposed of 104.368 shares at $59.46 per share to cover tax withholdings related to a restricted stock vesting from February 9, 2023.
• Following these transactions, Jones directly owns 35,855.736 shares of Black Hills Corp common stock.

Sentiment

Score: 5

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

Positives

• The acquisition of shares through restricted stock grants indicates the company's commitment to incentivizing its executives.

Industry Context

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

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, Marne M. Jones, stock transaction, restricted stock grant, tax withholding, Form 4, insider trading