---
schema_version: "secwatch.filing_event.v1"
accession: "0000067716-24-000013"
form_type: "8-K"
ticker: "MDU"
cik: "0000067716"
company_name: "MDU RESOURCES GROUP INC"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:28:20.197576+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# MDU Resources adopts CIC severance plan, modifies LTIP vesting for change in control

## Summary
- CEO Kivisto gets 3x base+target severance; CFO Vollmer & Thiede get 2x.
- CIC plan also provides prorated incentive, healthcare/RRA up to 2x 12-mo cost, $10.5k outplacement.
- LTIP amendment: 2024+ equity awards vest on CIC unless replaced; replacement awards have double-trigger vesting.
- Benefits conditioned on release of claims and one-year noncompete, two-year nondisparagement, perpetual confidentiality.

## SEC filing metadata
- accession: 0000067716-24-000013
- form_type: 8-K
- ticker: MDU
- cik: 0000067716
- company_name: MDU RESOURCES GROUP INC
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/67716/000006771624000013/0000067716-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/67716/000006771624000013/mdu-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000067716-24-000013
- JSON: https://secwatch.observer/filing/0000067716-24-000013.json
- Plain text: https://secwatch.observer/filing/0000067716-24-000013.txt

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