MDU RESOURCES GROUP INC — Director's Dealing 2025

Feb 14, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MDU RESOURCES GROUP INC (MDU)
CIK: 0000067716
Period of Report: 2025-02-12

Reporting Person: Sievert Stephanie A (ChiefAccntg&RegAffairsOfficer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-12	Common Stock	A	4974.0000	$0.0000	Acquired	105839.0650	Direct
2025-02-12	Common Stock	F	9506.0000	$16.8300	Disposed	96333.0650	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	27.5770	Indirect
Common Stock - 401(k)	1751.7347	Indirect

Footnotes

F1: Represents restricted stock units (RSUs) that will vest on December 31, 2027, subject to the reporting person's continued employment through the vesting date.

F2: Includes (a) common stock, including 13,920 net shares received on vesting of award on December 31, 2024; (b) RSUs that were adjusted from certain previously-reported grants of RSUs in connection with the completion of the separation and distribution of Everus Construction Group, Inc., the issuer's former construction services business, to the issuer's stockholders, on October 31, 2024; and (c) shares of common stock acquired through dividend reinvestment since the reporting person's most recent Form 4.

F3: Shares withheld in payment of tax liability in connection with the vesting of a previously reported award of RSUs, which vested December 31, 2024.

F4: Price is equal to the closing price of a share of the Company's Common Stock on February 12, 2025.