Taylor Teresa 4

What Happened

• Teresa Taylor, a non-employee director of Black Hills Corp (BKH), was granted 1,921 restricted stock units (RSUs) on May 1, 2026. The filing shows acquisition code A; no dollar price or total value is reported for the grant.

Key Details

• Transaction date: 2026-05-01; filing date: 2026-05-04 (no late-filing flag indicated).
• Grant: 1,921 RSUs (award/derivative security); price reported as N/A.
• Conversion: 1-for-1 conversion ratio (each RSU converts to one share) per footnote.
• Retirement terms: the related derivative security becomes exercisable upon retirement and expires under the retirement terms (footnotes F3–F4).
• Shares owned after transaction: not reported in this filing.
• Footnote summary: F1 = Non-employee Director RSU grant; F2 = 1:1 conversion; F3–F4 = exercisability/expiration tied to retirement.

Context

• This is an equity award (acquisition of RSUs) rather than an open-market purchase or sale; such grants are common for board compensation and do not by themselves indicate a buying/selling signal. The RSUs convert 1-for-1 into common shares under the agreement, with specific exercisability and expiration tied to retirement per the footnotes.