Form 4: Director Bragdon Acquires NWN Shares via Deferred Plan

Northwest Natural Holding Co. Director Peter J. Bragdon acquired 1,099.369 shares of common stock through a deferred compensation plan.

Summary

• Peter J. Bragdon, a Director of Northwest Natural Holding Co. (NWN), acquired 1,099.369 shares of common stock.
• The acquisition occurred on March 2, 2026, at a price of $52.59 per share.
• This transaction was effected pursuant to a written election made on or about September 22, 2025, under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
• Following this transaction, Bragdon beneficially owns 2,339.058 shares indirectly.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as a director's acquisition of shares, even through a deferred compensation plan, indicates continued alignment of interests with shareholders and confidence in the company's future.

Positives

• Director Peter J. Bragdon increased his indirect beneficial ownership in Northwest Natural Holding Co. by 1,099.369 shares, signaling continued confidence in the company.
• The acquisition was part of a deferred compensation plan, indicating a structured, long-term investment by management.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider acquisitions, particularly through structured plans like deferred compensation, often reflect management's long-term commitment and positive outlook for the company, which can be a positive signal for investors in the utility sector.

Related Party Transactions

• Director Peter J. Bragdon acquired shares of Northwest Natural Holding Co. common stock through the company's Deferred Compensation Plan for Directors and Executives, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders may view the director's increased ownership as a positive sign of management confidence and alignment of interests.
• Employees are not directly impacted by this specific insider transaction, though the deferred compensation plan is a benefit for executives and directors.

Key Dates

Recommendation

The director's acquisition of shares through a deferred compensation plan is a positive indicator of insider confidence and long-term commitment. However, a single insider transaction, while noteworthy, typically does not warrant a 'buy' recommendation on its own without broader fundamental analysis. It reinforces a 'hold' position for existing investors and suggests stability for potential investors.

Keywords

Northwest Natural Holding Co., NWN, Peter J. Bragdon, Director, Stock Acquisition, Deferred Compensation Plan, Insider Trading, SEC Form 4, Common Stock