MDU

SEC source: 0001225208-25-001755 · doc4.xml · nonDerivative · entry 2

Johnson Rob L. · CIK 0001979103 · President-WBI

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,465

F3 · kind: Shares withheld in payment of tax liability in connection with the vesting of a previously reported award of RSUs, which vested December 31, 2024.

F4 · price: Price is equal to the closing price of a share of the Company's Common Stock on February 12, 2025.

F2 · balance_after: Includes (a) common stock, including 9,660 net shares received on vesting of award on December 31, 2024; and (b) RSUs that were adjusted from certain previously-reported grants of RSUs in connection with the completion of the separation and distribution of Everus Construction Group, Inc., the issuer's former construction services business, to the issuer's stockholders, on October 31, 2024.

SEC source: 0001225208-25-001755 · doc4.xml · nonDerivative · entry 1

Johnson Rob L. · CIK 0001979103 · President-WBI

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 94,243

F1 · kind: Represents restricted stock units (RSUs) that will vest on December 31, 2027, subject to the reporting person's continued employment through the vesting date.

F2 · balance_after: Includes (a) common stock, including 9,660 net shares received on vesting of award on December 31, 2024; and (b) RSUs that were adjusted from certain previously-reported grants of RSUs in connection with the completion of the separation and distribution of Everus Construction Group, Inc., the issuer's former construction services business, to the issuer's stockholders, on October 31, 2024.

SEC source: 0001225208-25-001754 · doc4.xml · nonDerivative · entry 1

Foti Anthony Donald · CIK 0001767068 · CLO & Corporate Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,473

F1 · kind: Represents restricted stock units that will vest on December 31, 2027, subject to the reporting person's continued employment through the vesting date.

SEC source: 0001225208-25-001753 · doc4.xml · nonDerivative · entry 1

Boese Dyke A. · CIK 0002048128 · CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,382

F1 · kind: Represents restricted stock units that will vest on December 31, 2027, subject to the reporting person's continued employment through the vesting date.

SEC source: 0001225208-25-001450 · doc4.xml · nonDerivative · entry 1

JOHNSON DENNIS W · CIK 0001195487 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 180,166

F1 · kind: Mr. Johnson purchased the shares in open market transactions.

F2 · price: The stock price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $16.61 to $16.65, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

SEC source: 0001225208-24-010057 · doc4.xml · nonDerivative · entry 1

Wang Chenxi · CIK 0001776131 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,691

SEC source: 0001225208-24-010056 · doc4.xml · nonDerivative · entry 1

JOHNSON DENNIS W · CIK 0001195487 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 150,166

F1 · balance_after: Includes 1,260.648 shares acquired through dividend reinvestment since the reporting person's prior Form 4.

SEC source: 0001225208-24-010055 · doc4.xml · nonDerivative · entry 1

Jaeger Douglas W. · CIK 0002023010 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,452

SEC source: 0001225208-24-010054 · doc4.xml · nonDerivative · entry 1

DURKIN MARIAN M · CIK 0001332448 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,407

SEC source: 0001225208-24-010053 · doc4.xml · nonDerivative · entry 1

Dosch Vernon A. · CIK 0002043675 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,613

SEC source: 0001225208-24-010052 · doc4.xml · nonDerivative · entry 1

ANDERSON DARREL T · CIK 0001202058 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,512

SEC source: 0001225208-24-009550 · doc4.xml · derivative · entry 2

SPARBY DAVID M · CIK 0001159192 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,905.284

Underlying: Common Stock · 370.814 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.exercise_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.expiration_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F2 · balance_after: Includes 109.875 additional shares acquired through dividend reinvestment since the reporting person's last Form 4.

SEC source: 0001225208-24-008879 · doc4.xml · derivative · entry 2

SPARBY DAVID M · CIK 0001159192 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,424.595

Underlying: Common Stock · 1,181.818 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.exercise_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.expiration_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

SEC source: 0001225208-24-007036 · doc4.xml · derivative · entry 2

SPARBY DAVID M · CIK 0001159192 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,134.077

Underlying: Common Stock · 1,294.049 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.exercise_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.expiration_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

SEC source: 0001225208-24-005806 · doc4.xml · nonDerivative · entry 1

Johnson Rob L. · CIK 0001979103 · President-WBI Holdings

10b5-1 filing: No plan indicated

Ownership: Indirect · By Trustee

Disclosed balance after: 41,933.7301

F1 · shares: The transaction constitutes an intra-plan transfer through the reporting person's 401(k) plan from investment options to the issuer's common stock.

F2 · balance_after: Includes 62.9260 shares acquired since December 31, 2023 due to plan activity in the fund.

SEC source: 0001225208-24-004691 · doc4.xml · derivative · entry 2

SPARBY DAVID M · CIK 0001159192 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,737.187

Underlying: Common Stock · 1,308.9 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.exercise_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

F1 · derivative.expiration_date: Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.

SEC source: 0001225208-24-004203 · doc4.xml · nonDerivative · entry 1

Rosenthal Dale · CIK 0001620924 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,499

SEC source: 0001225208-24-002873 · doc4.xml · nonDerivative · entry 1

Jones Anne M · CIK 0001662841 · VP & CHRO

10b5-1 filing: No plan indicated

Ownership: Indirect · By Trustee

Disclosed balance after: 10,624.2216

F1 · shares: The transaction constitutes an intra-plan transfer through the reporting person's 401(k) plan from the issuer's common stock fund to another investment option. The transaction was a discretionary transaction that is exempt from Section 16(b) pursuant to Rule 16b-3(f).

SEC source: 0001225208-24-002336 · doc4.xml · nonDerivative · entry 2

Senger Garret · CIK 0002006446 · Chief Utilities Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 60,298

F2 · shares: Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.

SEC source: 0001225208-24-002336 · doc4.xml · nonDerivative · entry 1

Senger Garret · CIK 0002006446 · Chief Utilities Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,192

F1 · shares: Represents restricted stock units that vest on December 31, 2026, provided that the reporting person remains employed by the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

SEC source: 0001225208-24-002335 · doc4.xml · nonDerivative · entry 2

Johnson Rob L. · CIK 0001979103 · President-WBI Holdings

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 53,431

F2 · shares: Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.

SEC source: 0001225208-24-002335 · doc4.xml · nonDerivative · entry 1

Johnson Rob L. · CIK 0001979103 · President-WBI Holdings

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 55,902

F1 · shares: Represents restricted stock units that vest on December 31, 2026, provided that the reporting person remains employed by the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

SEC source: 0001225208-24-002330 · doc4.xml · nonDerivative · entry 2

Kivisto Nicole A · CIK 0001345938 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 323,284.923

F2 · shares: Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.

SEC source: 0001225208-24-002330 · doc4.xml · nonDerivative · entry 1

Kivisto Nicole A · CIK 0001345938 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 335,809.923

F1 · shares: Represents restricted stock units that vest on December 31, 2026, provided that the reporting person remains employed by the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

SEC source: 0001225208-24-002331 · doc4.xml · nonDerivative · entry 2

Thiede Jeffrey S · CIK 0001577239 · President & CEO MDU CSG

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 269,168.852

F2 · shares: Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.

SEC source: 0001225208-24-002331 · doc4.xml · nonDerivative · entry 1

Thiede Jeffrey S · CIK 0001577239 · President & CEO MDU CSG

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 281,214.852

F1 · shares: Represents restricted stock units that vest on December 31, 2026, provided that the reporting person remains employed by the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

SEC source: 0001225208-24-002334 · doc4.xml · nonDerivative · entry 1

Sanderson Paul R. · CIK 0001978553 · VP, CLO & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,066

F1 · shares: Represents restricted stock units that vest on December 31, 2026, provided that the reporting person remains employed by the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

SEC source: 0001225208-24-002329 · doc4.xml · nonDerivative · entry 2

Jones Anne M · CIK 0001662841 · VP & CHRO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 84,147.238

F2 · shares: Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.

SEC source: 0001225208-24-002329 · doc4.xml · nonDerivative · entry 1

Jones Anne M · CIK 0001662841 · VP & CHRO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 88,307.238

F1 · shares: Represents restricted stock units that vest on December 31, 2026, provided that the reporting person remains employed by the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

SEC source: 0001225208-24-002327 · doc4.xml · nonDerivative · entry 2

Sievert Stephanie A · CIK 0001718179 · VP, CAO & Controller

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,556.495

F2 · shares: Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.

SEC source: 0001225208-24-002327 · doc4.xml · nonDerivative · entry 1

Sievert Stephanie A · CIK 0001718179 · VP, CAO & Controller

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 67,398.495

F1 · shares: Represents restricted stock units that vest on December 31, 2026, provided that the reporting person remains employed by the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

SEC source: 0001225208-24-002333 · doc4.xml · nonDerivative · entry 2

Link Margaret A · CIK 0001692980 · VP and CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 74,386.991

F2 · shares: Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.

SEC source: 0001225208-24-002333 · doc4.xml · nonDerivative · entry 1

Link Margaret A · CIK 0001692980 · VP and CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 78,474.991

F1 · shares: Represents restricted stock units that vest on December 31, 2026, provided that the reporting person remains employed by the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

SEC source: 0001225208-24-002332 · doc4.xml · nonDerivative · entry 2

Vollmer Jason L · CIK 0001626019 · VP & CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 215,614.211

F2 · shares: Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.

SEC source: 0001225208-24-002332 · doc4.xml · nonDerivative · entry 1

Vollmer Jason L · CIK 0001626019 · VP & CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 227,681.211

F1 · shares: Represents restricted stock units that vest on December 31, 2026, provided that the reporting person remains employed by the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

SEC source: 0001225208-24-002328 · doc4.xml · nonDerivative · entry 2

Goodin David L · CIK 0001428704 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 595,557.823

F2 · shares: Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.

SEC source: 0001225208-24-002328 · doc4.xml · nonDerivative · entry 1

Goodin David L · CIK 0001428704 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 642,907.823

F1 · shares: The reporting person retired as president and chief executive officer of the issuer on January 5, 2024, but remained a member of the issuer's board of directors. In accordance with forfeiture provisions of the underlying grant agreement, 99,649 restricted stock units were forfeited on January 5, 2024 with respect to the grant made on February 16, 2023.

SEC source: 0001225208-23-010306 · doc4.xml · nonDerivative · entry 1

ANDERSON DARREL T · CIK 0001202058 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,334

SEC source: 0001225208-23-010313 · doc4.xml · nonDerivative · entry 1

SPARBY DAVID M · CIK 0001159192 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 43,463

SEC source: 0001225208-23-010314 · doc4.xml · nonDerivative · entry 1

Wang Chenxi · CIK 0001776131 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,513

SEC source: 0001225208-23-010312 · doc4.xml · nonDerivative · entry 1

Ryan Edward A · CIK 0001379264 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,727

SEC source: 0001225208-23-010308 · doc4.xml · nonDerivative · entry 1

Gemmel James H. · CIK 0001964216 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,008

SEC source: 0001225208-23-010309 · doc4.xml · nonDerivative · entry 1

Rosenthal Dale · CIK 0001620924 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,124

SEC source: 0001225208-23-010307 · doc4.xml · nonDerivative · entry 1

JOHNSON DENNIS W · CIK 0001195487 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 139,364.352

SEC source: 0001225208-23-007455 · doc4.xml · nonDerivative · entry 1

Sanderson Paul R. · CIK 0001978553 · VP, CLO & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,818

F1 · shares: Represents restricted stock units that vest on December 31, 2025, provided that the reporting person remains employed by the issuer as of the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

SEC source: 0001225208-23-007451 · doc4.xml · nonDerivative · entry 1

Johnson Rob L. · CIK 0001979103 · President-WBI Holdings

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 39,966

F1 · shares: Represents restricted stock units (RSUs) that vest on December 31, 2025, provided that the reporting person remains employed by the issuer as of the vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock.

F2 · balance_after: Represents 11,602 shares of the issuer's common stock, 6,371 RSUs that vest on December 31, 2023, 8,604 RSUs that vest on December 31, 2024, and 9,588 RSUs that vest on December 31, 2025, provided, in each case, that the reporting person remains employed by the issuer as of the applicable vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock. On May 31, 2023, 16,568 previously granted performance-based shares were converted into 24,563 RSUs in connection with the completion of the issuer's distribution to its shareholders of approximately 90% of the outstanding shares of its wholly owned subsidiary, Knife River Corporation, on May 31, 2023.

SEC source: 0001225208-23-006400 · doc4.xml · nonDerivative · entry 2

Thiede Jeffrey S · CIK 0001577239 · President & CEO MDU CSG

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 185,791.27

F2 · shares: Represents RSUs that vest on December 31, 2023, provided that the reporting person remains employed by the issuer as of the vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock. On May 31, 2023, such RSUs were converted from a previously granted performance-based share award in connection with the Spin-Off.

SEC source: 0001225208-23-006400 · doc4.xml · nonDerivative · entry 1

Thiede Jeffrey S · CIK 0001577239 · President & CEO MDU CSG

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 171,528.27

F1 · shares: Represents restricted stock units (RSUs) that vest on December 31, 2024, provided that the reporting person remains employed by the issuer as of the vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock. On May 31, 2023, such RSUs were converted from a previously granted performance-based share award in connection with the issuer's distribution to its shareholders of approximately 90% of the outstanding shares of its wholly owned subsidiary, Knife River Corporation (formerly known as Knife River Holding Company), on May 31, 2023 (the "Spin-off").

SEC source: 0001225208-23-006399 · doc4.xml · nonDerivative · entry 2

Kivisto Nicole A · CIK 0001345938 · President & CEO-Montana-Dakota

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 163,941.955

F2 · shares: Represents RSUs that vest on December 31, 2023, provided that the reporting person remains employed by the issuer as of the vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock. On May 31, 2023, such RSUs were converted from a previously granted performance-based share award in connection with the Spin-Off.

SEC source: 0001225208-23-006399 · doc4.xml · nonDerivative · entry 1

Kivisto Nicole A · CIK 0001345938 · President & CEO-Montana-Dakota

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 149,678.955

F1 · shares: Represents restricted stock units (RSUs) that vest on December 31, 2024, provided that the reporting person remains employed by the issuer as of the vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock. On May 31, 2023, such RSUs were converted from a previously granted performance-based share award in connection with the issuer's distribution to its shareholders of approximately 90% of the outstanding shares of its wholly owned subsidiary, Knife River Corporation (formerly known as Knife River Holding Company), on May 31, 2023 (the "Spin-off").