BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

Horizon Investment Services, LLC's Holding History (CIK: 0001426940)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 5,044 Value ($000) $350 Avg Close $66.47 Range $58.20 - $73.32

Q4 2022

Shares 5,007 Value ($000) $352 Avg Close $58.05 Range $50.78 - $62.96

Q3 2022

Shares 4,756 Value ($000) $322 Avg Close $64.21 Range $58.14 - $68.58

Q2 2022

Shares 4,571 Value ($000) $333 Avg Close $63.81 Range $56.66 - $68.52

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	5,044	$350	$66.47	$58.20 - $73.32
Q4 2022	5,007	$352	$58.05	$50.78 - $62.96
Q3 2022	4,756	$322	$64.21	$58.14 - $68.58
Q2 2022	4,571	$333	$63.81	$56.66 - $68.52