Form 4: KELLEY CHARLES M reports purchase transactions in MDU

Rhea-AI Filing Summary

KELLEY CHARLES M reported open-market purchase transactions in a Form 4 filing for MDU. The filing lists transactions totaling 5,000 shares at a weighted average price of $20.85 per share. Following the reported transactions, holdings were 8,031 shares.

Insider Trade Summary

Net Buyer: 5,000 shares

Net Buy 1 txn

Insider KELLEY CHARLES M

Role Director

Bought 5,000 shs ($104K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	5,000	$20.845	$104K

Holdings After Transaction: Common Stock — 8,031 shares (Direct)

Footnotes (1)

1. F1. Mr. Kelley purchased these shares in an open market transaction.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/17/2026 - 04:44 PM Learn about SEC filing dates

FAQ

What insider transaction did MDU (MDU) director Charles M. Kelley report?

Charles M. Kelley reported buying 5,000 MDU common shares in an open-market transaction. The purchase occurred on 02/13/2026 and was disclosed on a Form 4 insider filing, indicating an increase in his directly held ownership position in the company.

At what price did Charles M. Kelley purchase MDU (MDU) shares?

Charles M. Kelley purchased MDU common stock at $20.845 per share. This price reflects the cost per share in the open-market transaction reported on Form 4 and is used to calculate the total dollar value of the insider’s acquisition.

How many MDU (MDU) shares does Charles M. Kelley own after this transaction?

After the reported transaction, Charles M. Kelley directly owns 8,031 shares of MDU common stock. This figure includes the newly purchased 5,000 shares and represents his total beneficial ownership following the 02/13/2026 open-market buy.

Was the MDU (MDU) insider transaction by Charles M. Kelley a purchase or sale?

The insider transaction was a purchase of MDU common stock. Form 4 identifies the transaction code as “P,” and the notes state that Mr. Kelley bought the shares in an open-market transaction, confirming it as an acquisition rather than a sale.

Does Charles M. Kelley hold MDU (MDU) shares directly or indirectly?

Charles M. Kelley holds the reported MDU shares directly. The Form 4 lists his ownership form as “D” for direct ownership, meaning the 8,031 shares following the transaction are personally and directly attributed to him, not through an intermediary entity.

What SEC form was used to disclose Charles M. Kelley’s MDU (MDU) share purchase?

The transaction was disclosed on SEC Form 4, used for reporting insider trades. This form is required under Section 16(a) and publicly records when directors, officers, or significant shareholders buy or sell company securities, providing transparency into insider activity.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KELLEY CHARLES M

(Last) (First) (Middle)

1200 WEST CENTURY AVENUE

(Street)

BISMARCK ND 58503

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MDU RESOURCES GROUP INC [ MDU ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/13/2026		P(1)		5,000	A	$20.845	8,031	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Mr. Kelley purchased these shares in an open market transaction.

	Anthony D. Foti, Attorney-in-Fact for Charles M. Kelley	02/17/2026
	** 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 4 (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.