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

Director David K. McCurdy acquired shares of Northwest Natural Holding Co through a deferred compensation plan.

Summary

• On August 5, 2024, Director David K. McCurdy acquired 387.533 shares of Northwest Natural Holding Co (NWN) common stock at a price of $38.09 per share.
• The transaction was conducted indirectly through the Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
• Following the transaction, McCurdy beneficially owns 5,097.866 shares indirectly through the deferred compensation plan and 376 shares directly.

Sentiment

Score: 6

Explanation: Neutral sentiment as the transaction is part of a pre-existing deferred compensation plan and doesn't necessarily indicate a change in the director's outlook on the company.

Positives

• The director's participation in the deferred compensation plan demonstrates a commitment to the company's long-term success.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning their interests with those of other shareholders.

Key Dates