Form 4: Northwest Natural Holding Co: VP Rogers Reports Stock Transactions
SEC Form 4 Filing
Melinda B. Rogers, VP, Chief HR & Diversity Officer at Northwest Natural Holding Co, reports the withholding of shares for tax obligations related to vesting of restricted stock units and performance shares.
Summary
- Melinda B. Rogers, VP, Chief HR & Diversity Officer of Northwest Natural Holding Co, filed a Form 4 detailing changes in beneficial ownership.
- On March 5, 2025, 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, resulting in a disposal of 341 shares.
- An additional 81 shares were withheld at $42.1 to cover withholding taxes on the issuance of performance shares.
- Following these transactions, Rogers directly owns 2,168.13 shares of common stock.
- Rogers also indirectly owns 8,447.553 shares through Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
Sentiment
Score: 5
Explanation: The document reflects standard insider transactions related to equity compensation, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to equity compensation plans.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Organization and Executive Compensation Committee certification of satisfaction of the performance threshold and vesting for these restricted stock units was reported on Form 4. |
| 03/01/2026 | Restricted stock units vest. |
| 03/05/2025 | Date of transaction: shares withheld for taxes on vesting of restricted stock units and performance shares. |
| 03/07/2025 | Date of signature by Molly J. Wilcox, Attorney-in-Fact. |
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