Otter Tail (OTTR) VP Paul L. Knutson Sells 725 Shares

What Happened Paul L. Knutson, Vice President, Human Resources of Otter Tail Corporation (OTTR), reported two open-market sales totaling 725 shares. On 2026-08-10 he disposed of 250 shares at $92.84 each for $23,210; on 2026-08-11 he disposed of 475 shares at $94.63 each for $44,949. Total proceeds from the two transactions were approximately $68,159. These were sales (S), not purchases.

Key Details

• Transaction dates and prices:
  • 2026-08-10: 250 shares sold at $92.84 — $23,210 (single transaction, per footnote F2)
  • 2026-08-11: 475 shares sold at $94.63 — $44,949 (single transaction, per footnote F3)
• Total shares sold: 725; total proceeds ≈ $68,159.
• Shares owned after the transactions: not specified in the provided filing; footnote F1 notes total direct holdings include dividend reinvestment, Employee Stock Purchase Plan, Restricted Stock Awards and Performance Share Awards.
• Filing timeliness: Form filed 2026-08-12. This filing date is within the normal Form 4 reporting window for the listed transaction dates (i.e., on-time).
• Transaction type: Open-market sales (code S). No 10b5-1 plan or tax-withholding note was disclosed in the provided items.

Context Sales by executives can be routine (e.g., portfolio rebalancing, tax planning, or planned transactions) and do not by themselves indicate company performance or insider conviction. For retail investors, purchases often carry more signal than routine sales; this filing documents disposals only and provides no indication of motive.