Boese Dyke A. 4

What Happened

• Dyke A. Boese, Chief Investment Officer (CIO) of MDU Resources Group, was granted 3,702 restricted stock units (RSUs) on February 17, 2026. The grant shows an acquisition price of $0.00 (typical for RSU awards); the report value at grant is therefore $0. This is an equity compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (timely).
• Transaction type/code: Award/Grant (A).
• Amount: 3,702 RSUs; grant price: $0.00.
• Vesting: These RSUs vest on December 31, 2028, subject to continued employment (Footnote F1).
• Shares owned after transaction: not specified in the filing.
• Other footnote: Some shares referenced in the filing are held in the name of the reporting person’s child; the reporting person disclaims beneficial ownership except for any pecuniary interest (Footnote F2).

Context

• RSU grants are compensation and typically convert to common shares upon vesting; they do not indicate an immediate buy or sell decision. Because the award vests over time and is contingent on continued employment, it’s a retention‑style grant rather than an immediate market trade.