Form 4: Northwest Natural Holding Co CEO David Anderson Reports Stock Transactions

Sentiment:

SEC Form 4


CEO David Anderson reports stock transactions involving Northwest Natural Holding Co shares, including distributions from a deferred compensation plan and shares withheld for taxes.

Summary

  • David Anderson, CEO of Northwest Natural Holding Co, reported transactions involving the company's common stock on January 16, 2025.
  • These transactions include distributions from Anderson's account under the Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives (DCP) to his brokerage account.
  • A total of 944 shares were distributed from the DCP account.
  • Additionally, 407 shares were withheld to cover withholding taxes on the distribution of shares from the DCP at a price of $39.17 per share.
  • Following these transactions, Anderson directly owns 145,242 shares and indirectly owns 10,133.896 shares through the DCP.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
  • The transactions have no impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
November 18, 2014Reporting person's elections on November 18, 2014 related to shares distributed from reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives (DCP).
December 2, 2015Reporting person's elections on December 2, 2015 related to shares distributed from reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives (DCP).
December 7, 2016Reporting person's elections on December 7, 2016 related to shares distributed from reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives (DCP).
December 4, 2017Reporting person's elections on December 4, 2017 related to shares distributed from reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives (DCP).
01/16/2025Date of stock transactions: distribution of shares from DCP and withholding of shares for taxes.
01/21/2025Date of signature on the Form 4 filing.

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