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MDU Resources (NYSE: MDU) executive awarded stock, withholds shares for tax

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MDU Resources Group Chief Utilities Officer Garret Senger reported stock-based compensation and related tax withholding transactions. On February 17, 2026, he acquired 6,920 shares of common stock as a grant of restricted stock units that will vest on December 31, 2028, subject to his continued employment. On February 18, 2026, 8,167 shares of common stock were withheld at $20.36 per share to cover tax liabilities from RSUs that vested on December 31, 2025, a tax-withholding disposition rather than an open-market sale. After these transactions, he directly owned 100,048 common shares and had an additional 25,139.2937 common shares held indirectly in a 401(k) plan by a trustee.

Positive

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Insider Senger Garret
Role Chief Utilities Officer
Type Security Shares Price Value
Exercise Price or Tax Liability Common Stock 8,167 $20.36 $166K
Grant/Award Common Stock 6,920 $0.00 $0.00
holding Common Stock - 401(k) -- -- --
Holdings After Transaction: Common Stock — 100,048 shares (Direct); Common Stock - 401(k) — 25,139.2937 shares (Indirect, By Trustee)
Footnotes (4)
  1. F1. Represents restricted stock units (RSUs) that will vest on December 31, 2028, subject to the reporting person's continued employment through the vesting date.
  2. F2. Including 12,169 net shares, which vested on December 31, 2025.
  3. F3. Shares withheld in payment of tax liability in connection with the vesting of a previously reported award of RSUs, which vested December 31, 2025.
  4. F4. Price is equal to the closing price of a share of Common Stock on February 18, 2026.

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transactions did Garret Senger report at MDU (MDU)?
Garret Senger reported a stock grant and a tax-withholding disposition. He received 6,920 restricted stock units and had 8,167 shares withheld to cover taxes from a prior RSU vesting event.

How many MDU shares were granted to Garret Senger and when do they vest?
Garret Senger received 6,920 restricted stock units of MDU common stock. These units are scheduled to vest on December 31, 2028, contingent on his continued employment with the company through that vesting date.

Why were 8,167 MDU shares disposed of in Garret Sengers Form 4 filing?
The 8,167 MDU shares were withheld to pay tax liabilities from a previously reported RSU award. That award vested on December 31, 2025, and the withholding used the February 18, 2026 closing share price.

At what price were MDU shares withheld for Garret Sengers tax liability?
The shares withheld for Garret Sengers tax liability were valued at $20.36 per MDU share. This price equals the closing price of the companys common stock on February 18, 2026, as stated in the disclosure.

How many MDU shares does Garret Senger own after these transactions?
After these transactions, Garret Senger directly owned 100,048 shares of MDU common stock. He also had 25,139.2937 additional common shares held indirectly in a 401(k) plan by a trustee on his behalf.

Are Garret Sengers MDU transactions open-market buys or sells?
The reported transactions are not open-market trades. One is a grant of 6,920 restricted stock units, and the other is a withholding of 8,167 shares to pay taxes on previously vested RSUs.
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*
Senger Garret
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Utilities Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
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 02/17/2026 A(1) 6,920 A $0.0000 108,215(2) D
Common Stock 02/18/2026 F(3) 8,167 D $20.36(4) 100,048(2) D
Common Stock - 401(k) 25,139.2937 I By Trustee
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. Represents restricted stock units (RSUs) that will vest on December 31, 2028, subject to the reporting person's continued employment through the vesting date.
2. Including 12,169 net shares, which vested on December 31, 2025.
3. Shares withheld in payment of tax liability in connection with the vesting of a previously reported award of RSUs, which vested December 31, 2025.
4. Price is equal to the closing price of a share of Common Stock on February 18, 2026.
Anthony D. Foti, Attorney-in-Fact for Garret Senger 02/19/2026
** 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.

Source: View Original Filing on SEC EDGAR