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

Sentiment:

SEC Form 4 Filing


Director David K. McCurdy acquired shares of Northwest Natural Holding Co common stock under the company's Deferred Compensation Plan for Directors and Executives.

Summary

  • On March 3, 2025, David K. McCurdy, a director of Northwest Natural Holding Co, acquired 365.82 shares of common stock at a price of $42.37 per share.
  • The transaction was executed under the Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives, pursuant to a written election made on or about September 14, 2020.
  • Following the transaction, McCurdy beneficially owns 6,002.788 shares indirectly through the deferred compensation plan and 376 shares directly.

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 future.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often participate in deferred compensation plans as part of their overall compensation package.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders as it is part of a pre-arranged compensation plan.

Key Dates

DateDescription
09/14/2020Date of written election under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
03/03/2025Date of transaction: acquisition of common stock.
03/04/2025Date of signature on the Form 4 filing.

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