Form 4: Northwest Natural Holding Co: Executive Kravitz Reports Stock Transactions
SEC Form 4 Filing
Zachary D. Kravitz, VP at Northwest Natural Holding Co, reports the disposal of shares to cover withholding taxes and updates on beneficially owned securities.
Summary
- On March 5, 2025, Zachary D. Kravitz, VP of Regulatory Affairs and Resource Planning at Northwest Natural Holding Co, reported a transaction involving common stock.
- 185 shares were withheld by the issuer to cover withholding taxes on the issuance of shares due to the vesting of restricted stock units at a price of $42.1.
- Following the reported transaction, Kravitz directly owns 1,567.8483 shares of common stock, which includes 60 time-based RSUs that vest on March 1, 2026.
- Kravitz also indirectly owns 259 shares through the Deferred Compensation Plan for Directors and Executives and 384.961 shares through the Retirement K Savings Plan as of February 28, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive; it doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- Shareholders can use this information to understand insider activity, which may influence their investment decisions.
Key Dates
| Date | Description |
|---|---|
| February 28, 2025 | Shares held in reporting person's account under Northwest Natural Gas Company's Retirement K Savings Plan as of this date. |
| February 28, 2025 | Organization and Executive Compensation Committee certification of satisfaction of the performance threshold and vesting for these restricted stock units was reported on Form 4 filed on this date. |
| March 1, 2026 | The RSUs vest on this date. |
| March 5, 2025 | Date of the reported transaction. |
| March 7, 2025 | Date of signature by Molly J. Wilcox, Attorney-in-Fact. |
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