BKH SEC Filing News — Black Hills Corporation

Latest SEC filings for Black Hills Corporation (BKH) explained in plain English. Covers insider buying and selling (Form 4), proposed insider sales (Form 144), material company events (8-K), and quarterly & annual reports (10-Q / 10-K). StrongBuyAnalytics provides navigation and brief excerpts or summaries; original filings remain at the SEC/source links and were authored by their filers, not StrongBuyAnalytics. Filing dates shown are source dates. Coverage and detection can be delayed or incomplete because of SEC availability, amendments, parsing, caching, or outages. Latest source filing date shown: 2026-10-06.

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates through the Electric Utilities and Gas Utilities segments. The Electric Utilities segment engages in the generation, transmission, and distribution of electricity to electric utility customers in Colorado, Montana, South Dakota, and Wyoming; ownership and operation of 1,386 megawatts of generation capacity, and 9,478 miles of electric transmission …
Sector: Utilities Industry: Utilities - Regulated Gas Market Cap: $5.8B CIK: 1130464
20
Total Filings
0
Bullish Classifications
1
Bearish Classifications
10
Insider Transactions
8
Material Events (8-K)
2
Periodic Reports
Rule-based classifications for BKH currently lean bearish. Of the 20 filing records displayed, 1 carry bearish classifications (such as insider sales or negative 8-K disclosures) versus 0 bullish. This does not necessarily signal fundamental deterioration — insiders sell for many reasons — but it is worth monitoring alongside the company's core financial metrics.
BKH Filing Activity Snapshot 2026-02-19 — 2026-10-06
Insider Transactions (Form 4)
0 buys vs 1 sell
Net insider selling in this period — insiders sell for many reasons beyond conviction.
Largest Form 144 Filing
$305.0K
Otto Robert P (Director) · 2026-05-28
4,109 shares · Form 4
Insider Transactions 10 · Forms 3, 4 and 5

A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 10 filings in this group are Form 4s for Black Hills Corporation.

The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.

Across the 10 insider filings shown, the breakdown is 9 compensation award and 1 open-market sale. 1 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.

What each transaction type means

Compensation award ×9
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Open-market sale ×1
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Form 4 Open-market sale Insider Selling 2026-05-28

BKH insider Otto Robert P (Director) sold 4,109 shares (~$305.0K)

Otto Robert P, listed as Director at BLACK HILLS CORP /SD/, reported an open-market sale of 4,109 BKH shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 4,109 $74.22 $305.0K
Filing: Form 4 (Insider Transaction) Insider: Otto Robert P (Director) Shares: 4,109 Est. Value: $305.0K
Form 4 Compensation award Tax / Compensation Filing 2026-05-04

BKH insider Form 4 filed for equity award, exercise, or tax withholding

Waleski Anne G (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 1,921 — —
Filing: Form 4 (Insider Transaction) Insider: Waleski Anne G (Director) Shares: 1,921
Form 4 Compensation award Tax / Compensation Filing 2026-05-04

BKH insider Form 4 filed for equity award, exercise, or tax withholding

Taylor Teresa (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 1,921 — —
Filing: Form 4 (Insider Transaction) Insider: Taylor Teresa (Director) Shares: 1,921
Form 4 Compensation award Tax / Compensation Filing 2026-05-04

BKH insider Form 4 filed for equity award, exercise, or tax withholding

Prochazka Scott M (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 1,921 — —
Filing: Form 4 (Insider Transaction) Insider: Prochazka Scott M (Director) Shares: 1,921
Form 4 Compensation award Tax / Compensation Filing 2026-05-04

BKH insider Form 4 filed for equity award, exercise, or tax withholding

Otto Robert P (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 1,921 — —
Filing: Form 4 (Insider Transaction) Insider: Otto Robert P (Director) Shares: 1,921
Form 4 Compensation award Tax / Compensation Filing 2026-05-04

BKH insider Form 4 filed for equity award, exercise, or tax withholding

MILLS STEVEN RICHARD (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 1,921 — —
Filing: Form 4 (Insider Transaction) Insider: MILLS STEVEN RICHARD (Director) Shares: 1,921
Form 4 Compensation award Tax / Compensation Filing 2026-05-04

BKH insider Form 4 filed for equity award, exercise, or tax withholding

McAllister Kathleen S (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 1,921 — —
Filing: Form 4 (Insider Transaction) Insider: McAllister Kathleen S (Director) Shares: 1,921
Form 4 Compensation award Tax / Compensation Filing 2026-05-04

BKH insider Form 4 filed for equity award, exercise, or tax withholding

Jensen Tony A (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 1,921 — —
Filing: Form 4 (Insider Transaction) Insider: Jensen Tony A (Director) Shares: 1,921
Form 4 Compensation award Tax / Compensation Filing 2026-05-04

BKH insider Form 4 filed for equity award, exercise, or tax withholding

Granger Barry M (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 1,921 — —
Filing: Form 4 (Insider Transaction) Insider: Granger Barry M (Director) Shares: 1,921
Form 4 Compensation award Tax / Compensation Filing 2026-05-04

BKH insider Form 4 filed for equity award, exercise, or tax withholding

Beard Robert F. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 1,921 — —
Filing: Form 4 (Insider Transaction) Insider: Beard Robert F. (Director) Shares: 1,921
Material Events 8 · Form 8-K

An 8-K reports a material event in the window between scheduled reports. There are 8 in this period for Black Hills Corporation. Each 8-K names the item number it is filed under, and that number is the fastest way to tell a routine disclosure from a consequential one.

Item 2.02 is an earnings release, Item 5.02 is a change of directors or officers, and Item 1.01 or 2.01 covers a material agreement or a completed acquisition. Item 7.01 and Item 8.01 are the general-purpose disclosure items and carry no fixed meaning on their own.

Form 8-K Material Company Update 2026-10-06

BKH filed 8-K — material company event

BLACK HILLS CORP /SD/ filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Form 8-K Material Company Update 2026-08-17

BKH filed 8-K — material company event

BLACK HILLS CORP /SD/ filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Form 8-K Material Company Update 2026-08-05

BKH filed 8-K — material company event

BLACK HILLS CORP /SD/ filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Form 8-K Material Company Update 2026-05-15

BKH filed 8-K — material company event

BLACK HILLS CORP /SD/ filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Form 8-K Material Company Update 2026-05-06

BKH filed 8-K — material company event

BLACK HILLS CORP /SD/ filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Form 8-K Material Company Update 2026-05-01

BKH filed 8-K — material company event

BLACK HILLS CORP /SD/ filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Form 8-K Material Company Update 2026-04-02

BKH filed 8-K — material company event

BLACK HILLS CORP /SD/ filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Form 8-K Material Company Update 2026-02-19

BKH filed 8-K — material company event

BLACK HILLS CORP /SD/ filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Periodic Reports 2 · Forms 10-K and 10-Q

The periodic reports are where the audited and reviewed financial statements live. This period contains 2 quarterly reports (10-Q) for Black Hills Corporation.

The two are not equivalent in weight. A 10-K is audited by an external firm and includes the full risk factor disclosure, business description and management discussion; a 10-Q is unaudited, reviewed rather than examined, and much shorter. When a figure in a quarterly report is later revised, the annual report is usually where the correction appears.

An amended report — 10-K/A or 10-Q/A — restates or corrects something in the original filing, and is worth reading against the version it replaces.

Form 10-Q Quarterly Report 2026-08-06

BKH filed Quarterly Report (10-Q)

BLACK HILLS CORP /SD/ filed its quarterly report with the SEC. This report includes unaudited financial statements and management discussion for the quarter.

Filing: 10-Q (Quarterly Report)
Form 10-Q Quarterly Report 2026-05-07

BKH filed Quarterly Report (10-Q)

BLACK HILLS CORP /SD/ filed its quarterly report with the SEC. This report includes unaudited financial statements and management discussion for the quarter.

Filing: 10-Q (Quarterly Report)

How we classify Black Hills Corporation's filings

Straight from EDGAR

Each displayed record links to an original source document. StrongBuyAnalytics provides navigation and brief excerpts or summaries, not the filing itself. Parsing may omit context or contain errors, so read the original document in full.

Transaction codes, not guesswork

The nature shown on each insider filing comes from the transaction code the filer entered on the form itself — P for an open-market purchase, A for a compensation award, F for shares withheld to pay tax, M for an option exercise. Where one filing contains several codes, the transaction table lists them line by line.

Why the distinction matters

Insider activity is routinely summarised as buying or selling, which flattens together decisions that mean very different things. Shares withheld for tax on a vesting grant are an automatic administrative step; shares bought on the open market are someone committing their own money at the current price.

What this page does not tell you

A filing records what happened, not why. Form 4 does not always disclose whether a sale was executed under a pre-arranged Rule 10b5-1 plan, and no single filing is a basis for a decision on BKH. Read these alongside the fundamentals rather than in isolation.

Frequently Asked Questions — BKH SEC Filings

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Publisher, sources & limitations — September 15, 2026. StrongBuyAnalytics provides navigation and brief excerpts or summaries for educational use. Original filings remain at SEC EDGAR or other displayed source links; StrongBuyAnalytics does not author them. Filing dates are source dates, not publication dates for this page. Coverage can be delayed, incomplete, amended, or unavailable because of SEC/source availability, parsing, caching, or outages. Verify every material statement in the original filing.
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