Form 4: Northwest Natural Holding Co: Executive Kathryn M Williams Reports Stock Transactions
SEC Form 4 Filing
Kathryn M Williams, VP, Chief PA & Sustainability at Northwest Natural Holding Co, reports the withholding of shares by the issuer to cover withholding taxes on the vesting of restricted stock units and performance shares.
Summary
- Kathryn M Williams, VP, Chief PA & Sustainability at Northwest Natural Holding Co, filed a Form 4 on March 7, 2025, reporting changes in beneficial ownership.
- On March 5, 2025, 936 common stock shares were withheld by the issuer to cover withholding taxes on the vesting of restricted stock units at a price of $42.1 per share, leaving Williams with 5,861 shares.
- An additional 507 common stock shares were withheld by the issuer to cover withholding taxes on the issuance of performance shares at a price of $42.1 per share, resulting in Williams holding 5,354 shares.
- The vesting of restricted stock units and the payout of performance shares were previously reported on Form 4 filed on February 28, 2025.
Sentiment
Score: 7
Explanation: The document reflects routine executive compensation activity, which is neither particularly positive nor negative. The sentiment is neutral to slightly positive as it reflects the vesting of previously awarded compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Organization and Executive Compensation Committee certification of satisfaction of the performance threshold and vesting for restricted stock units and payout of performance shares was reported on Form 4. |
| 03/05/2025 | Date of the reported transactions: withholding of shares for taxes on restricted stock units and performance shares. |
| 03/07/2025 | Date of Form 4 filing. |
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