---
schema_version: "secwatch.filing_event.v1"
accession: "0000067716-25-000052"
form_type: "8-K"
ticker: "MDU"
cik: "0000067716"
company_name: "MDU RESOURCES GROUP INC"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T06:25:22.126290+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Stockholders approve amended LTIP with $600K director cap and $8M employee cap

## Summary
- Amended LTIP adds non-employee directors as eligible; sets $600,000 annual LTI cap per director and $8M (or 500,000 shares) cap per employee.
- Minimum vesting period for full value awards set at one year; max shares exempt from that requirement is 462,140.
- Updated code of conduct (Leading With Integrity Policy) adopted May 14, clarifying conflicts of interest, gifts, AI, and regulatory compliance.
- All seven director nominees elected; advisory say-on-pay passed with ~148M votes for; Deloitte ratified as auditor.
- Stockholder votes also approved the LTIP (152.7M for) and all other proposals.

## SEC filing metadata
- accession: 0000067716-25-000052
- form_type: 8-K
- ticker: MDU
- cik: 0000067716
- company_name: MDU RESOURCES GROUP INC
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.05, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/67716/000006771625000052/0000067716-25-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/67716/000006771625000052/mdu-20250513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000067716-25-000052
- JSON: https://secwatch.observer/filing/0000067716-25-000052.json
- Plain text: https://secwatch.observer/filing/0000067716-25-000052.txt

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