Business Context and Reporting Period
This Form 8-K reports on the results of the Annual Meeting of Shareholders held by Black Hills Corporation on April 29, 2026. The filing details the voting outcomes for three proposals submitted to security holders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and shareholder voting results.
Material Changes and Voting Results
Shareholders voted on three proposals. A quorum was present for the meeting. The results were as follows:
- Proposal 1: Election of Class II Directors
- Scott M. Prochazka: Elected (58,581,725 For; 2,368,886 Withheld).
- Teresa A. Taylor: Elected (57,824,353 For; 3,126,258 Withheld).
- Anne G. Waleski: Elected (60,223,646 For; 726,965 Withheld).
- All three directors were elected to serve a three-year term expiring in 2029.
- Proposal 2: Ratification of Independent Auditor
- Shareholders approved the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2026.
- Votes: 66,181,234 For; 1,028,970 Against; 105,532 Abstain.
- Proposal 3: Advisory Vote on Executive Compensation
- Shareholders approved the compensation of named executive officers on a non-binding basis.
- Votes: 59,589,296 For; 1,096,350 Against; 264,965 Abstain.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management commentary on financial outlook, specific risks, contingencies, or unusual items. The document is limited to the disclosure of voting results.
Key Facts for Investor Verification
- Verify the full proxy statement filed on March 18, 2026, for detailed biographies of the newly elected directors and the specific compensation metrics approved.
- Confirm the total number of shares outstanding to calculate the percentage of votes cast for each proposal.
- Note that the newly elected directors (Prochazka, Taylor, Waleski) will serve until the 2029 Annual Meeting.
- Review the "Against" vote counts to assess shareholder sentiment regarding the auditor ratification and executive pay.