Form 4: Northwest Natural Holding Co Director Mary E. Ludford Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Mary E. Ludford reports acquiring 609.7 shares of Northwest Natural Holding Co common stock at $42.37 per share through a deferred compensation plan.
Summary
- On March 3, 2025, Mary E. Ludford, a director of Northwest Natural Holding Co, acquired 609.7 shares of common stock at a price of $42.37 per share.
- The transaction was executed under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives, with a written election made around September 13, 2024.
- Following the reported transaction, Ludford beneficially owns 1,481.479 shares indirectly through the deferred compensation plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to a deferred compensation plan. Insider buying is generally viewed positively, but this is part of a pre-arranged plan.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals insider confidence.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Approximate date of written election under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives. |
| 03/03/2025 | Date of transaction: Acquisition of common stock. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.