---
schema_version: "secwatch.filing_event.v1"
accession: "0000067716-23-000041"
form_type: "8-K"
ticker: "MDU"
cik: "0000067716"
company_name: "MDU RESOURCES GROUP INC"
filed_at: "2023-04-10T23:59:59+00:00"
generated_at: "2026-06-17T04:22:26.699275+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MDU Resources announces anticipated Knife River board as spinoff nears completion in Q2 2023

## Summary
- Four MDU directors (Fagg, Carmona Alvarez, Everist, Moss) expected to resign to join Knife River board upon spinoff completion.
- Two new directors (Sandbrook, Gray) also expected; Sandbrook brings construction materials expertise.
- Spinoff of 80.1% or more of Knife River shares to MDU stockholders expected in Q2 2023, tax-free.
- Knife River board will consist of six directors, five independent; Fagg expected to chair.
- Separation remains subject to final board approval and SEC Form 10 effectiveness.

## SEC filing metadata
- accession: 0000067716-23-000041
- form_type: 8-K
- ticker: MDU
- cik: 0000067716
- company_name: MDU RESOURCES GROUP INC
- filed_at: 2023-04-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/67716/000006771623000041/0000067716-23-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/67716/000006771623000041/mdu-20230407.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000067716-23-000041
- JSON: https://secwatch.observer/filing/0000067716-23-000041.json
- Plain text: https://secwatch.observer/filing/0000067716-23-000041.txt

## Key facts
- Executive change
  Patricia L. Moss resigned as Director at MDU RESOURCES GROUP INC.
  - Action: resigned
  - Role: Director
  source text: On April 7, 2023, the Company announced that each of Karen B. Fagg, German Carmona Alvarez, Thomas Everist and Patricia L. Moss (collectively, the “Prospective Knife River Directors”) are expected to resign as directors of the Company in connection with their anticipated appointment to the board of directors of Knife River Holding Company, in each case conditioned on, and subject to the completion of, the separation and distribution.
  evidence_url: https://www.sec.gov/Archives/edgar/data/67716/000006771623000041/0000067716-23-000041-index.htm
- Executive change
  German Carmona Alvarez resigned as Director at MDU RESOURCES GROUP INC.
  - Action: resigned
  - Role: Director
  source text: On April 7, 2023, the Company announced that each of Karen B. Fagg, German Carmona Alvarez, Thomas Everist and Patricia L. Moss (collectively, the “Prospective Knife River Directors”) are expected to resign as directors of the Company in connection with their anticipated appointment to the board of directors of Knife River Holding Company, in each case conditioned on, and subject to the completion of, the separation and distribution.
  evidence_url: https://www.sec.gov/Archives/edgar/data/67716/000006771623000041/0000067716-23-000041-index.htm
- Executive change
  Karen B. Fagg resigned as Director at MDU RESOURCES GROUP INC.
  - Action: resigned
  - Role: Director
  source text: On April 7, 2023, the Company announced that each of Karen B. Fagg, German Carmona Alvarez, Thomas Everist and Patricia L. Moss (collectively, the “Prospective Knife River Directors”) are expected to resign as directors of the Company in connection with their anticipated appointment to the board of directors of Knife River Holding Company, in each case conditioned on, and subject to the completion of, the separation and distribution.
  evidence_url: https://www.sec.gov/Archives/edgar/data/67716/000006771623000041/0000067716-23-000041-index.htm
- Executive change
  Thomas Everist resigned as Director at MDU RESOURCES GROUP INC.
  - Action: resigned
  - Role: Director
  source text: On April 7, 2023, the Company announced that each of Karen B. Fagg, German Carmona Alvarez, Thomas Everist and Patricia L. Moss (collectively, the “Prospective Knife River Directors”) are expected to resign as directors of the Company in connection with their anticipated appointment to the board of directors of Knife River Holding Company, in each case conditioned on, and subject to the completion of, the separation and distribution.
  evidence_url: https://www.sec.gov/Archives/edgar/data/67716/000006771623000041/0000067716-23-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.