Form 4: Director Lee Karen Acquires Additional Shares of Northwest Natural Holding Co.

Director Lee Karen acquired additional shares of Northwest Natural Holding Co. through a deferred compensation plan.

Summary

• On August 5, 2024, Director Lee Karen acquired 1,276.929 shares of Northwest Natural Holding Co. common stock at a price of $38.09 per share.
• The transaction was conducted under the Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives, based on an election made around June 1, 2021.
• Following the transaction, Lee Karen beneficially owns a total of 13,517.449 shares through the deferred compensation plan.

Sentiment

Score: 7

Explanation: Director's share acquisition is generally a positive sign, indicating confidence in the company. The transaction being part of a pre-existing plan reduces the impact, but still reflects a positive sentiment.

Positives

• The director's participation in the deferred compensation plan demonstrates confidence in the company's future.

Industry Context

Directors' share acquisitions are often seen as a positive signal, indicating confidence in the company's prospects. Deferred compensation plans are a common way for companies to align the interests of executives and directors with those of shareholders.

Related Party Transactions

• The transaction involves a director and the company's deferred compensation plan, which can be considered a related party transaction.

Stakeholder Impact

• The director's share acquisition could positively influence shareholder sentiment.

Key Dates