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 on March 1, 2024.
Summary
- On March 1, 2024, Kathryn M. Williams, VP, Chief PA & Sustainability at Northwest Natural Holding Co, reported transactions involving common stock.
- The transactions involved the withholding of 689 shares at $36.74 to cover withholding taxes on the vesting of 813 restricted stock units (RSUs) with performance threshold and vesting of 514 time-based RSUs.
- An additional 638 shares were withheld at $36.74 to cover withholding taxes on the issuance of performance shares.
- Following these transactions, Williams beneficially owns 4,603 shares of common stock, which includes 1,028 time-based RSUs that vest on March 1, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Future Outlook
The document does not contain specific forward-looking statements regarding the company's future performance.
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 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 |
|---|---|
| 03/01/2024 | Date of the reported transactions (withholding of shares for tax purposes). |
| 03/05/2024 | Date of signature by Attorney-in-Fact. |
| 03/01/2025 | Vesting date for 1,028 time-based RSUs. |
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