Otter Tail (OTTR) director Rasche discloses 100.64 shares on Form 3

Rhea-AI Filing Summary

Otter Tail Corporation filed an initial ownership report showing that new director Steven P. Rasche, who joined the board effective January 1, 2026, beneficially owns 100.64 shares of common stock. The filing classifies his holdings as owned in direct form, meaning the shares are held in his own name rather than through an intermediary entity. This Form 3 serves as the baseline disclosure of Rasche’s equity position as he begins his role on the board of directors.

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^*

Rasche Steven P

(Last) (First) (Middle)

215 SOUTH CASCADE STREET

(Street)

FERGUS FALLS MN 56537

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2026

3. Issuer Name and Ticker or Trading Symbol
Otter Tail Corp [ OTTR ]

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

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

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	100.64	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:

Steven P. Rasche was appointed to the Otter Tail Corporation Board of Directors, effective January 1, 2026.

	/s/ Steven P. Rasche by James A. VerSteeg, Attorney-in-Fact	01/06/2026
	** 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 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.
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FAQ

What does Otter Tail (OTTR) disclose in Steven P. Rasche’s Form 3?

The Form 3 shows that Steven P. Rasche, a newly appointed director, beneficially owns 100.64 shares of Otter Tail common stock as his initial reported position.

What is Steven P. Rasche’s role at Otter Tail (OTTR)?

Steven P. Rasche is reported as a director of Otter Tail Corporation and is not listed as an officer or 10% owner in this filing.

How many Otter Tail common shares does Steven P. Rasche own?

Steven P. Rasche is reported as beneficially owning 100.64 shares of Otter Tail common stock in this Form 3.

Are Steven P. Rasche’s Otter Tail (OTTR) shares held directly or indirectly?

The filing shows his 100.64 common shares are held in direct ownership, with no nature of indirect ownership listed.

When did Steven P. Rasche join the Otter Tail board of directors?

Steven P. Rasche was appointed to the Otter Tail Corporation Board of Directors, effective January 1, 2026.

Does this Otter Tail Form 3 show any stock transactions by Steven P. Rasche?

The Form 3 functions as an initial statement of beneficial ownership and lists 100.64 common shares held after the reported date, without detailing any buy or sell transaction.