Michael E. LeBeau - Apr 13, 2025 Form 4 Insider Report for Otter Tail Corp (OTTR)

Role
Director
Signature
/s/ Michael E. LeBeau by James A. Versteeg, Attorney-in-Fact
Stock symbol
OTTR
Transactions as of
Apr 13, 2025
Transactions value $
$0
Form type
4
Date filed
4/14/2025, 03:59 PM
Previous filing
Apr 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTTR Common Stock Award +1.7K +27.87% 7.8K Apr 13, 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Common Stock acquired under the 2023 Stock Incentive Plan, which is a grant of Restricted Stock. The shares granted on April 13, 2025 will vest in near-equal installments of one-third per year beginning April 8, 2026.
F2 This grant has a fair market value of $77.59.
F3 Total direct holdings include shares acquired individually pursuant to Restricted Stock Award distributions and shares received pursuant to Otter Tail Corporation's Compensation Plan for Outside Directors.