Offerings // BLACK HILLS CORP /SD/

BKH offering history

Every offering-related filing in BLACK HILLS CORP /SD/’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 1,002 filings back to Jul 8, 2016.

Last executed offering
May 19, 2026
424B5 — priced deal (shares or notes)
Last registration (announced)
May 19, 2026
S-3ASR — capacity, not a sale
Executed, last 12 months
3
424B pricings + 8-K 3.02 sales
Registered, last 12 months
1
S-1/S-3/F-series registrations
DateFilingWhat it means
May 19, 2026S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
May 19, 2026424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Feb 6, 2026424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Feb 6, 2026EFFECTEFFECTIVESEC declared a registration effective — selling can begin
Sep 26, 2025424B2EXECUTEDProspectus supplement priced — shares or notes (large filers: often a bond deal)
Sep 25, 2025424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Sep 25, 2025FWPMARKETINGFree-writing prospectus — offering being marketed
May 8, 2025424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
May 14, 2024424B2EXECUTEDProspectus supplement priced — shares or notes (large filers: often a bond deal)
May 13, 2024424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
May 13, 2024FWPMARKETINGFree-writing prospectus — offering being marketed
Sep 7, 2023424B2EXECUTEDProspectus supplement priced — shares or notes (large filers: often a bond deal)
Sep 6, 2023424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Sep 6, 2023FWPMARKETINGFree-writing prospectus — offering being marketed
Jun 16, 2023S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Jun 16, 2023424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Mar 3, 2023424B2EXECUTEDProspectus supplement priced — shares or notes (large filers: often a bond deal)
Mar 2, 2023424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Mar 2, 2023FWPMARKETINGFree-writing prospectus — offering being marketed
Aug 24, 2021424B2EXECUTEDProspectus supplement priced — shares or notes (large filers: often a bond deal)
Aug 23, 2021424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Aug 23, 2021FWPMARKETINGFree-writing prospectus — offering being marketed
Aug 4, 2020S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Aug 4, 2020S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Aug 4, 2020424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 16, 2020424B2EXECUTEDProspectus supplement priced — shares or notes (large filers: often a bond deal)
Jun 12, 2020424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 12, 2020FWPMARKETINGFree-writing prospectus — offering being marketed
Feb 25, 2020424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Sep 30, 2019424B2EXECUTEDProspectus supplement priced — shares or notes (large filers: often a bond deal)
Sep 26, 2019424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Sep 26, 2019FWPMARKETINGFree-writing prospectus — offering being marketed
Aug 16, 2018424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Aug 15, 2018FWPMARKETINGFree-writing prospectus — offering being marketed
Aug 13, 2018424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Aug 4, 2017S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Aug 4, 2017S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Aug 4, 2017424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Aug 11, 2016424B2EXECUTEDProspectus supplement priced — shares or notes (large filers: often a bond deal)
Aug 10, 2016424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
BKH offering-related filings from SEC EDGAR, newest first (capped at 40). Each links to the original document.

Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.

Is a shelf active now? →Do they need money? →Red flags →Full BKH workspace →
BKH offering FAQ

When did BKH last execute an offering?

Per SEC filings, BLACK HILLS CORP /SD/'s most recent priced offering document is a 424B5 filed 2026-05-19. Note a 424B takedown can price shares or notes (debt) — the linked document says which.

When did BKH last announce or register an offering?

The most recent registration is a S-3ASR filed 2026-05-19. A registration is capacity to sell shares — not a sale.

Does an offering always mean dilution?

Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.