Form 4: Black Hills Corp SVP & CFO Kimberly F. Nooney Reports Stock Transaction
SEC Form 4 Filing
Kimberly F. Nooney, SVP & CFO of Black Hills Corp, reports a transaction involving common stock to cover tax withholding associated with restricted stock vesting.
Summary
- On February 11, 2025, Kimberly F. Nooney, SVP & CFO of Black Hills Corp, reported a transaction involving the company's common stock.
- The transaction involved the disposition of 119.644 shares at a price of $60.04 per share to cover tax withholding associated with restricted stock vesting from February 11, 2022.
- Following the transaction, Nooney directly owns 48,974.015 shares of common stock and indirectly owns 4.459 shares through a 401K.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a common practice for executives to sell shares to cover tax obligations when restricted stock vests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/11/2022 | Date of the Restricted Stock Grant related to the tax withholding. |
| 02/11/2025 | Date of the stock transaction (disposal of shares for tax withholding). |
| 02/13/2025 | Date of signature on the Form 4 filing. |
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