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.
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