Form 4: Black Hills Corp Executive Reports Stock Transaction

Sentiment:

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

DateDescription
02/11/2022Date of Restricted Stock Grant
02/11/2025Date of stock transaction (disposal of shares to cover tax withholding)
02/13/2025Date 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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