Otter Tail (OTTR) executive Knutson received 3,080 shares
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Insider transactions reported
Paul L Knutson (VP, Human Resources at Otter Tail Corporation, OTTR) reported that they received 3,080 shares, and gave up 1,390 shares at $79.61 to cover taxes or an exercise price between Feb 11, 2025 and Feb 12, 2025. After these transactions the filing shows 22,530 shares held directly.
- Reporting person
- Knutson Paul L
- Role
- VP, Human Resources
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 12, 2025 | Grant or award (A) | Common Stock1 | +3,080 | $79.61 | $245K | 23,920 direct |
| Feb 12, 2025 | Shares withheld for taxes or exercise price (F) | Common Stock2, 3 | -1,390 | $79.61 | $111K | 22,530 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 11, 2025 | Grant or award (A) | Restricted Stock UnitsOn 700 Common Stock4, 5 | +700 | - | - | 700 direct |
Holdings before and after
- Common Stock: 20,840 to 22,530 direct
- Restricted Stock Units: 0 to 700 direct
Footnotes from the filing
- 1. Represents shares received upon the vesting of certain performance criteria in connection with a Performance Share Award (granted in 2022).
- 2. These shares were withheld by the Corporation to pay taxes due upon vesting of this award, exempt pursuant to Rule 16b-3(e).
- 3. Total direct holdings include shares acquired individually through dividend reinvestment, Employee Stock Purchase Plan, and acquired pursuant to Restricted Stock Awards and Performance Share Awards.
- 4. Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation stock.
- 5. The restricted stock units vest in four equal annual installments beginning the date shown above.
Transaction codes in this filing
- Grant or award:
- Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Knutson report in this OTTR Form 4?
Paul L Knutson (VP, Human Resources at Otter Tail Corporation, OTTR) reported that they received 3,080 shares, and gave up 1,390 shares at $79.61 to cover taxes or an exercise price between Feb 11, 2025 and Feb 12, 2025. After these transactions the filing shows 22,530 shares held directly.
How many OTTR shares does Knutson hold after this filing?
The filing shows 22,530 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code A mean on an SEC Form 4?
Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
Historical context for OTTR
Earlier insider filings at OTTR
- Feb 13, 2025VP, General Council & Corp Sec Smestad Jennifer O. was granted 5,320 shares and covered exercise/tax liability with 2,633 shares, increasing direct ownership by 21% to 15,556 units (SEC Form 4)
- Feb 13, 2025SEC Form 4 filed by Chief Financial Officer Wahlund Todd R
- Feb 7, 2025Chief Financial Officer Wahlund Todd R converted options into 300 shares and covered exercise/tax liability with 164 shares, increasing direct ownership by 2% to 8,708 units (SEC Form 4)
- Feb 7, 2025President & CEO Macfarlane Charles S converted options into 9,525 shares and covered exercise/tax liability with 4,464 shares, increasing direct ownership by 3% to 200,490 units (SEC Form 4)
- Feb 7, 2025Sr VP, Electric Platform Rogelstad Timothy J covered exercise/tax liability with 833 shares and converted options into 1,775 shares, increasing direct ownership by 2% to 52,239 units (SEC Form 4)
Keep researching OTTR
- OTTR insider tradesEvery buy and sale reported by Otter Tail Corporation officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
- OTTR earnings historyPast Otter Tail Corporation earnings releases, newest first.
- OTTR financial statementsRevenue, profit, cash flow and balance sheet from Otter Tail Corporation's SEC filings.
Quantisnow market dataNASDAQ
OTTR
Otter Tail Corporation
- Market cap
- 30-day
- Sector
- Utilities
- Industry
- Electric Utilities: Central
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