BLACK HILLS CORP /SD/ 8-K

What Happened
Black Hills Corporation (BKH) filed an 8-K reporting the results of its Annual Meeting of Shareholders held April 29, 2026 (proxy filed March 18, 2026). Shareholders elected three Class II directors for three-year terms, ratified Deloitte & Touche LLP as the company’s independent registered public accounting firm for 2026, and approved, on an advisory (non‑binding) basis, the compensation of the company’s named executive officers.

Key Details

• Director election votes (For / Withheld / Broker Non-Votes):
  • Scott M. Prochazka: 58,581,725 For; 2,368,886 Withheld; 6,365,125 Broker Non-Votes.
  • Teresa A. Taylor: 57,824,353 For; 3,126,258 Withheld; 6,365,125 Broker Non-Votes.
  • Anne G. Waleski: 60,223,646 For; 726,965 Withheld; 6,365,125 Broker Non-Votes.
• Auditor ratification (Proposal 2): For 66,181,234; Against 1,028,970; Abstain 105,532.
• Advisory vote on executive compensation (Proposal 3): For 59,589,296; Against 1,096,350; Abstain 264,965; Broker Non-Votes 6,365,125.

Why It Matters
These outcomes confirm the company’s board composition and governance direction for the next three years, with all incumbent nominees elected. Ratifying Deloitte & Touche as auditor maintains continuity in external financial oversight. The non‑binding approval of executive compensation indicates shareholder support for pay practices as disclosed in the proxy, though it does not change compensation by itself. Investors can view the vote totals to assess shareholder sentiment on governance and pay.