Welcome to our dedicated page for Northwestern SEC filings (Ticker: NWE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The NorthWestern Energy Group, Inc. (NWE) SEC filings page brings together the company’s official disclosures as a regulated electric and natural gas utility. NorthWestern Energy, doing business as NorthWestern Energy, serves customers in Montana, South Dakota, Nebraska, and Yellowstone National Park, and its filings provide detailed insight into how it finances, operates, and governs this regulated utility business.
Investors can review Form 10-K annual reports and Form 10-Q quarterly reports for information on segment operations, electric and natural gas utility revenues, cost structures, regulatory environments, capital investment plans, and risk factors. These reports explain how rate reviews, environmental regulations, and legislative developments affect the company’s financial position and results.
NorthWestern Energy’s Form 8-K current reports are particularly important for tracking material events. Recent 8-K filings describe items such as the Agreement and Plan of Merger with Black Hills Corporation, term loan amendments, bond issuances by subsidiary NorthWestern Corporation, quarterly earnings announcements and guidance, and executive transitions. These filings outline key terms of financing arrangements, merger conditions, and other corporate actions.
Filings related to debt offerings, including Montana First Mortgage Bonds, detail maturity dates, interest rates, covenants, and intended uses of proceeds, such as funding capital expenditures, working capital, and general corporate purposes. Credit agreements and term loans are described with information on covenants, interest calculations, and events of default.
Users can also access proxy materials and governance-related filings, which provide information on board structure, executive compensation programs, and change-in-control arrangements that are relevant in the context of the pending merger with Black Hills Corporation.
Stock Titan enhances these documents with AI-powered summaries that highlight the most important points from lengthy filings, helping readers quickly understand earnings drivers, regulatory developments, financing terms, and merger provisions. Real-time updates from EDGAR ensure that new 10-Ks, 10-Qs, 8-Ks, and other forms are available as soon as they are filed, while specialized views of Form 4 insider transaction reports allow users to monitor trading activity by NorthWestern Energy’s officers and directors.
Edwards Sherina M. reported acquisition or exercise transactions in this Form 4 filing.
NorthWestern Energy Group director Sherina M. Edwards received a stock grant of 569 shares of Common Stock as part of her 2026 second quarter compensation. The grant was made at $65.94 per share under the company’s compensation rate schedule for non-employee directors, bringing her direct holdings to 9,454 shares.
Goodin David L reported acquisition or exercise transactions in this Form 4 filing.
NorthWestern Energy Group, Inc. director David L. Goodin received a stock grant of 569 shares of Common Stock valued at $65.94 per share as of the grant date. This was a second quarter 2026 stock grant under the company’s compensation rate schedule for non-employee directors. Following this award, Goodin directly holds 5,100 shares of NorthWestern Energy Group, Inc. common stock.
Ide Britt E reported acquisition or exercise transactions in this Form 4 filing.
NorthWestern Energy Group, Inc. director Britt E. Ide received a stock award of 569 shares of common stock, valued at $65.94 per share, as part of the company’s 2026 second-quarter compensation schedule for non-employee directors. Following this grant and prior dividend reinvestment, Ide directly holds 14,895 shares. This is a routine, compensation-related equity grant rather than an open-market purchase.
Larson Kent T reported acquisition or exercise transactions in this Form 4 filing.
NorthWestern Energy Group director Kent T. Larson received a routine equity grant. He was awarded 569 shares of common stock on April 7, 2026 as a second quarter 2026 stock grant under the company’s compensation rate schedule for non-employee directors at a fair value of $65.94 per share.
Following this award, Larson directly holds 11,517 common shares. This is a compensation-related stock grant, not an open-market purchase or sale, and reflects standard board compensation rather than a discretionary trading decision.
Sullivan Linda G reported acquisition or exercise transactions in this Form 4 filing.
NorthWestern Energy Group director Linda G. Sullivan received a stock grant of 834 shares of common stock at $65.94 per share. This second-quarter 2026 grant was issued under the company’s compensation rate schedule for non-employee directors.
After this award and including shares from dividend reinvestment, Sullivan directly holds 33,650 shares of NorthWestern Energy Group common stock.
YAZDI MAHVASH reported acquisition or exercise transactions in this Form 4 filing.
NorthWestern Energy Group, Inc. director Mahvash Yazdi received a stock award of 569 shares of common stock at an indicated value of $65.94 per share. This was a second quarter 2026 stock grant made under the company’s compensation rate schedule for non-employee directors.
Following this grant and prior dividend reinvestment activity, Yazdi directly holds 22,291 common shares. The transaction reflects routine equity-based director compensation rather than an open-market stock purchase.
NorthWestern Energy Group, Inc. reported that its stockholders approved the proposed all-stock merger with Black Hills Corp. at a Special Meeting held on April 2, 2026. Shareholders representing 52,543,649 common shares, about 85 percent of the 61,443,620 shares outstanding and entitled to vote, were present in person or by proxy.
Stockholders voted overwhelmingly to adopt the Merger Agreement, approve on an advisory basis the merger-related compensation for named executive officers, and authorize potential adjournment of the meeting. Upon closing, Black Hills and NorthWestern Energy plan to combine as Bright Horizon Energy Corporation, a regulated energy company serving customers across eight states, subject to federal and state regulatory approvals and other customary closing conditions, with completion expected in the second half of 2026.
Northwestern Energy Group Inc: An amendment to Schedule 13G/A reports that The Vanguard Group holds 0 shares of Common Stock and beneficial ownership of 0%. The filing explains an internal realignment effective January 12, 2026 under SEC Release No. 34-39538, with certain Vanguard subsidiaries reporting separately. The filing is signed by Ashley Grim on 03/27/2026.
NorthWestern Energy Group, Inc. is asking shareholders to vote at a virtual annual meeting on April 30, 2026, on three items: electing nine directors, ratifying Deloitte & Touche LLP as 2026 auditor, and approving named executive officer compensation on an advisory basis.
The proxy highlights a planned all‑stock, tax‑free merger of equals with Black Hills Corporation, expected to create a utility serving about 2.1 million customers with roughly $9.8 billion market capitalization and $18 billion enterprise value, and to be accretive to earnings per share in the first year.
For 2025, basic EPS fell 19.4% to $2.95, while total shareholder return was 26.4% and the dividend was $2.64 per share, a 4.1% yield at year‑end. Executive pay remains heavily performance‑based, with about 80% of CEO compensation and roughly 60% of other named executive officer pay at risk, and a 2025 CEO pay ratio of 37:1. Shareholders previously supported 2024 pay with 98.3% approval. Governance features include an independent board chair, eight of nine directors independent, fully independent key committees, and 2025 Deloitte fees totaling $2,087,866.
NorthWestern Energy Group vice president John D. Hines reported routine equity compensation activity. He acquired 1,354 shares of common stock on March 3, 2026, valued at $68.45 per share, upon the December 31, 2025 vesting of performance units granted under the company's 2020 Executive Retirement-Retention Plan.
On the same date, 398 shares were disposed of to cover tax withholding, leaving him with 41,972 directly held shares. The reported holdings include shares previously acquired through dividend reinvestment.