Form 4: Northwest Natural Holding Co: Executive Acquires and Disposes of Common Stock
SEC Form 4 Filing
Zachary D. Kravitz, VP at Northwest Natural Holding Co, reports acquiring and disposing of common stock related to restricted stock units and deferred compensation plans.
Summary
- On February 26, 2025, Zachary D. Kravitz, VP of Rates & Regulatory at Northwest Natural Holding Co, engaged in transactions involving the company's common stock.
- Kravitz acquired 249 shares due to the satisfaction of the 2024 performance threshold for restricted stock unit (RSU) awards.
- He also acquired 259 shares under the Deferred Compensation Plan for Directors and Executives, also related to the 2024 performance threshold.
- Additionally, the report indicates the disposal of 1,752.8483 shares.
- Following these transactions, Kravitz directly owns 1,752.8483 shares and indirectly owns 347.656 shares through the Retirement K Savings Plan and an unspecified amount through the Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions are part of the executive's compensation package, impacting their personal financial situation.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Shares held in reporting person's account under Northwest Natural Gas Company's Retirement K Savings Plan as of this date. |
| 02/26/2025 | Date of the reported transactions: acquisition and disposal of common stock. |
| 02/28/2025 | Date of signature by Attorney-in-Fact. |
| 03/01/2025 | Vesting date for 104 shares of time-based RSUs. |
| 03/01/2026 | Vesting date for 60 shares of time-based RSUs. |
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