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

Director Mary E Ludford acquired 861.393 shares of Northwest Natural Holding Co common stock through a deferred compensation plan.

Summary

• Mary E Ludford, a director at Northwest Natural Holding Co, acquired 861.393 shares of common stock on November 20, 2024.
• The shares were acquired indirectly through the company's Deferred Compensation Plan for Directors and Executives.
• The transaction was executed at a price of $42.12 per share.
• The acquisition was made pursuant to a written election under the deferred compensation plan made on or about September 13, 2024.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally neutral to positive as it indicates director participation in company compensation plans. There is no indication of any negative sentiment.

Positives

• The acquisition of shares by a director may indicate confidence in the company's future performance.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies.

Comparison to Industry Standards

• Similar transactions are common among directors and executives of publicly listed companies as part of their compensation packages.
• Deferred compensation plans are a standard practice for many companies, including those in the utilities sector like Northwest Natural Holding Co.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates director confidence in the company.

Key Dates

Keywords

insider trading, Form 4, share acquisition, deferred compensation, director, NWN, Northwest Natural Holding Co