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

Director Sandra McDonough acquired 645.715 shares of Northwest Natural Holding Co. common stock through a deferred compensation plan.

Summary

• Sandra McDonough, a director at Northwest Natural Holding Co., acquired 645.715 shares of common stock.
• The shares were acquired on November 20, 2024, at a price of $42.12 per share.
• The transaction was made through the company's Deferred Compensation Plan for Directors and Executives.
• This plan was established with a written election on or about January 6, 2022, intended to satisfy Rule 10b5-1.
• Following the transaction, McDonough's total holdings amount to 7,248.514 shares held indirectly through the deferred compensation plan.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction by a director, which is neither particularly positive nor negative. It is a standard disclosure.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider trading activity.
• The use of a deferred compensation plan is a common method for executive and director compensation.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, Director, Share Acquisition, Deferred Compensation Plan, Rule 10b5-1, Northwest Natural Holding Co., NWN