[Form 3] BLACK HILLS CORP /SD/ Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Black Hills Corp (BKH) disclosed an initial beneficial ownership statement on Form 3 for its Chief Legal Officer.

The filing, effective 10/13/2025, reports 0 shares of common stock beneficially owned and indicates the form was filed by one reporting person. No derivative securities were reported.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Nakata Darren T.

(Last) (First) (Middle)

7001 MOUNT RUSHMORE RD

(Street)

RAPID CITY SD 57709

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/13/2025

3. Issuer Name and Ticker or Trading Symbol
BLACK HILLS CORP /SD/ [ BKH ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

No securities are beneficially owned.

	/s/Travis Frederickson	10/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Black Hills Corp (BKH) file?

A Form 3, the initial statement of beneficial ownership for a company insider.

Who is the insider named in the BKH Form 3?

The insider is the company's Chief Legal Officer; the signature line shows Travis Frederickson.

How many BKH shares does the reporting person beneficially own?

The Form 3 reports 0 shares of common stock beneficially owned.

When is the event date for this Form 3?

The event date is 10/13/2025.

Is the Form 3 filed by one or multiple reporting persons?

It was filed by one reporting person.

Are there any derivative securities reported?

No. The filing shows no derivative securities and includes the remark: “No securities are beneficially owned.”