Form 4: Black Hills Corp SVP & CFO Kimberly F. Nooney Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Kimberly F. Nooney, SVP & CFO of Black Hills Corp, reports acquisition and disposal of company stock related to restricted stock grants and tax withholdings.

Summary

  • On February 7, 2025, Kimberly F. Nooney acquired 4,746 shares of Black Hills Corp common stock at $59.46 per share through a Restricted Stock Grant under the Company's Incentive Compensation Plan.
  • On the same day, she acquired 22,034 shares of Black Hills Corp common stock at $59.46 per share through a Restricted Stock Grant under the Company's Incentive Compensation Plan.
  • On February 9, 2025, 350.297 shares were disposed of to cover tax withholding associated with Restricted Stock Vesting from a 2-9-2024 Restricted Stock Grant.
  • Also on February 9, 2025, 250.246 shares were disposed of to cover tax withholding associated with Restricted Stock Vesting from a 2-9-2023 Restricted Stock Grant.
  • Following these transactions, Nooney directly owns 49,093.659 shares of common stock and indirectly owns 4.459 shares through a 401K.

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 aligns Nooney's interests with the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the actions of key executives regarding their holdings in the company.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

DateDescription
02/09/2023Date of Restricted Stock Grant associated with tax withholding.
02/09/2024Date of Restricted Stock Grant associated with tax withholding.
02/07/2025Date of stock acquisition through Restricted Stock Grant.
02/09/2025Date of stock disposal for tax withholding.
02/10/2025Date of signature on the Form 4.

Keywords

Black Hills Corp, Kimberly F. Nooney, stock transactions, Form 4, restricted stock grant, tax withholding, beneficial ownership

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