Form 4: Black Hills Corp Executive Reports Stock Transaction
SEC Form 4 Filing
Marne M. Jones, SVP Utilities at Black Hills Corp, reports a transaction involving common stock to cover tax obligations related to restricted stock vesting.
Summary
- On February 11, 2025, Marne M. Jones, SVP Utilities at Black Hills Corp, reported a transaction involving common stock.
- The transaction involved the disposition of 143.958 shares of common stock at a price of $60.04 per share.
- These shares were used to cover tax withholding obligations associated with restricted stock vesting from a grant on February 11, 2022.
- Following the transaction, Jones directly owns 35,711.778 shares of Black Hills Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a stock transaction related to executive compensation; it doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it involves a small number of shares disposed of to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/11/2022 | Date of Restricted Stock Grant |
| 02/11/2025 | Date of stock transaction (disposal of shares to cover tax withholding) |
| 02/13/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Black Hills Corp, BKH, Marne M. Jones, Stock Transaction, Beneficial Ownership, SVP Utilities, Restricted Stock, Tax Withholding
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