Form 4: Northwest Natural Holding Co: Officer Palfreyman Reports Stock Transactions
SEC Form 4 Filing
Justin Palfreyman, President of 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
- On March 1, 2024, Justin Palfreyman, President of Northwest Natural Holding Co, had shares withheld by the issuer to cover withholding taxes.
- 986 shares were withheld at a price of $36.74 related to the vesting of restricted stock units, leaving Palfreyman with 13,205 shares.
- An additional 1,323 shares were withheld at $36.74 related to the payout of performance shares, resulting in Palfreyman holding 11,882 shares.
- These transactions were reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to internal compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transactions (share withholding for tax purposes). |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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