BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

Merit Financial Group, LLC's Holding History (CIK: 0001621225)

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

Q4 2025

Shares 5,869 Value ($000) $407 Avg Close $66.47 Range $58.20 - $73.32

Q3 2025

Shares 3,771 Value ($000) $232 Avg Close $57.38 Range $54.13 - $60.96

Q1 2020

Shares 3,375 Value ($000) $216 Avg Close $59.44 Range $37.90 - $68.25

Q4 2019

Shares 3,871 Value ($000) $304 Avg Close $60.15 Range $57.52 - $62.11

Q3 2019

Shares 3,306 Value ($000) $254 Avg Close $60.34 Range $54.21 - $62.80

Q2 2019

Shares 2,956 Value ($000) $231 Avg Close $58.01 Range $54.08 - $63.38

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	5,869	$407	$66.47	$58.20 - $73.32
Q3 2025	3,771	$232	$57.38	$54.13 - $60.96
Q1 2020	3,375	$216	$59.44	$37.90 - $68.25
Q4 2019	3,871	$304	$60.15	$57.52 - $62.11
Q3 2019	3,306	$254	$60.34	$54.21 - $62.80
Q2 2019	2,956	$231	$58.01	$54.08 - $63.38