Form 4: Northwest Natural Holding Co Director Acquires Additional Shares Through Deferred Compensation Plan

Sentiment:

SEC Form 4 Filing


Director Sandra McDonough acquired 669.999 shares of Northwest Natural Holding Co common stock at $42.37 per share through the company's Deferred Compensation Plan.

Summary

  • On March 3, 2025, Sandra McDonough, a director of Northwest Natural Holding Co, acquired 669.999 shares of common stock at a price of $42.37 per share.
  • The acquisition was made through Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
  • This transaction increased McDonough's indirectly held shares to 8,005.909.
  • The original election for the deferred compensation plan was made on or about January 6, 2022, and was intended to satisfy Rule 10b5-1 at the time.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction under a pre-existing compensation plan. It doesn't indicate any significant positive or negative outlook for the company.

Positives

  • The director's participation in the Deferred Compensation Plan demonstrates confidence in the company's long-term prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their investment decisions.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine insider transaction.

Key Dates

DateDescription
January 6, 2022Original election date for the Deferred Compensation Plan.
03/03/2025Date of the transaction where shares were acquired.
03/04/2025Date of signature by Attorney-in-Fact.

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