Nakata Darren T. 4

What Happened

• Darren T. Nakata, Chief Legal Officer of Black Hills Corp (BKH), was granted 2,874 shares on February 6, 2026. The filing reports the acquisition price as $0.00 (award), i.e., a restricted stock grant rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-06; Filing date: 2026-02-10.
• Transaction type: A = Award/Grant; reported price per share = $0.00; total reported cost = $0.
• Footnote: Shares were issued as a "Restricted Stock Grant" under the Company's Incentive Compensation Plan.
• Shares owned after the transaction: Not disclosed in the provided summary of the filing.
• No indication in the provided data that this filing was late.

Context

• Restricted stock grants are compensation awards that are typically subject to vesting and transfer restrictions (see the filing footnote). They are not an immediate market purchase—receipt of such awards is routine compensation for executives and does not by itself indicate buying or selling sentiment.
• For retail investors: awards increase an insider's stake but are different from open‑market purchases (which some view as a stronger bullish signal). This filing documents compensation-related acquisition rather than a discretionary investment.