Form 4: Director Sandra McDonough Increases NWN Stake
Statement of Changes in Beneficial Ownership
Northwest Natural Holding Co director Sandra McDonough acquired 250.475 shares of common stock via a deferred compensation plan.
Summary
- Director Sandra McDonough acquired 250.475 shares of Northwest Natural Holding Co (NWN) common stock.
- The transaction occurred on May 7, 2026, at a price of $50.19 per share.
- The acquisition was executed through the company's Deferred Compensation Plan for Directors and Executives.
- Following this transaction, the reporting person holds a total of 10,861.297 shares indirectly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation and equity ownership.
Positives
- Director demonstrates alignment with shareholder interests through increased equity ownership.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is a routine insider transaction filing.
Industry Context
StockSavvy.ai notes that director equity acquisitions via deferred compensation plans are standard corporate governance practices in the utility sector, signaling long-term commitment to the issuer.
Comparison to Industry Standards
- The transaction aligns with standard director compensation and equity accumulation practices observed in regulated utility companies like NWN.
Related Party Transactions
- The transaction was effected pursuant to the Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
Stakeholder Impact
- Minimal impact; reflects standard director equity participation.
Next Steps
- None.
Key Dates
| Date | Description |
|---|---|
| 2022-01-06 | Original election date for the Deferred Compensation Plan. |
| 2026-05-07 | Date of the reported stock acquisition transaction. |
| 2026-05-11 | Filing date of the Form 4. |
Keywords
NWN, Northwest Natural Holding Co, Insider Trading, Form 4, Director Acquisition
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