BLACK HILLS CORP /SD/ — Director's Dealing 2026

Feb 10, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACK HILLS CORP /SD/ (BKH)
CIK: 0001130464
Period of Report: 2026-02-06

Reporting Person: Nooney Kimberly F (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-06	Common Stock	A	4654	—	Acquired	39923.75	Direct
2026-02-07	Common Stock	F	1805.117	$72.3	Disposed	38118.633	Direct
2026-02-09	Common Stock	F	250.246	$71.48	Disposed	37868.387	Direct
2026-02-09	Common Stock	F	377.148	$71.48	Disposed	37491.239	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4.459	Indirect

Footnotes

F1: Shares acquired through a Restricted Stock Grant under the Company's Incentive Compensation Plan.

F2: Shares used to pay tax withholding associated with Restricted Stock Vesting from 2-7-2025 Restricted Stock Grants

F3: Shares used to pay tax withholding associated with Restricted Stock Vesting from 2-9-2023 Restricted Stock Grant

F4: Shares used to pay tax withholding associated with Restricted Stock Vesting from 2-9-2024 Restricted Stock Grant