Form 4: Black Hills Corp Executive Reports Stock Transactions
SEC Form 4 Filing
Marne M. Jones, SVP Utilities at Black Hills Corp, reports acquisition and disposal of company stock related to the 2022-2024 Performance Share Plan.
Summary
- On February 12, 2025, Marne M. Jones, SVP Utilities at Black Hills Corp, acquired 254 shares of common stock at $60.1 per share.
- On the same day, Jones disposed of 107.379 shares of common stock at $60.1 per share to cover tax withholding related to the 2022-2024 Performance Shares Plan payout.
- Following these transactions, Jones beneficially owns 35,858.399 shares of Black Hills Corp common stock directly.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a standard regulatory filing detailing stock transactions related to executive compensation.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for executives to receive and then sell shares to cover taxes.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of stock acquisition and disposal. |
| 02/14/2025 | Date of signature on the Form 4 filing. |
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