Form 4: Northwest Natural Holding Co Director McDonough Acquires Additional Shares

Director Sandra McDonough acquired 744.346 shares of Northwest Natural Holding Co common stock at $36.6 per share on February 26, 2024, through the company's Deferred Compensation Plan for Directors and Executives.

Summary

• On February 26, 2024, Sandra McDonough, a director of Northwest Natural Holding Co, acquired 744.346 shares of common stock.
• The shares were acquired at a price of $36.6 per share.
• The transaction was conducted through Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
• Following the transaction, McDonough beneficially owns 4,968.975 shares.
• The acquisition was made pursuant to a written election under the Deferred Compensation Plan, intended to satisfy Rule 10b5-1.
• The election was originally made on or about January 6, 2022, and has not been modified or terminated since.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's purchase indicates confidence, but it's part of a pre-arranged plan, reducing the impact.

Positives

• The director's purchase of shares could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. Purchases by insiders are generally viewed positively.

Related Party Transactions

• The transaction involves a director and the company's Deferred Compensation Plan, which is a related-party transaction.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates