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.
NorthWestern Energy Group, Inc.'s SEC filings document the formal disclosures of a regulated electric and natural gas utility with operations in Montana, South Dakota, Nebraska, and Yellowstone National Park. The record includes 8-K reports on operating results, Regulation FD presentations, material agreements, capital-structure actions, and annual meeting voting results.
Proxy and governance filings cover director elections, auditor ratification, executive compensation votes, board matters, and shareholder voting mechanics. Debt-related disclosures include NorthWestern Corporation financing arrangements, including Montana First Mortgage Bonds, indenture terms, secured-debt ranking, and intended uses of proceeds. The filings also address utility business risks, financial condition, and corporate governance for the public parent company.
NorthWestern Energy Group, Inc. director Mahvash Yazdi reported an amended insider transaction reflecting a third-quarter 2026 stock grant. On July 9, 2026, Yazdi acquired 524 shares of common stock at a reference price of $71.62 per share as a grant under the company’s compensation rate schedule for non-employee directors.
This amendment corrects the previously reported transaction date from July 6, 2026, to July 9, 2026; no other terms changed apart from conforming updates. Following the grant, Yazdi directly holds 22,932 shares of common stock, which includes shares accumulated through dividend reinvestment.
NorthWestern Energy Group, Inc. director Britt E. Ide received a grant of 524 shares of Common Stock on July 9, 2026, classified as a grant, award, or other acquisition under the company’s compensation rate schedule for non-employee directors for the third quarter of 2026. Following this award, Ide directly holds 15,558 shares of common stock, which include shares acquired through dividend reinvestment.
NorthWestern Energy Group, Inc. director David L. Goodin reported an acquisition of 524 shares of common stock on July 9, 2026. The shares represent a third quarter 2026 stock grant received under the company’s compensation rate schedule for non-employee directors, bringing his direct holdings to 5,624 shares.
Edwards Sherina M. reported acquisition or exercise transactions in this Form 4 filing.
NorthWestern Energy Group, Inc. director Sherina M. Edwards received a third-quarter 2026 stock grant of 524 shares of Common Stock under the company’s compensation rate schedule for non-employee directors. Following this grant, she holds 9,978 shares of NorthWestern Energy Group common stock directly.
Larson Kent T reported acquisition or exercise transactions in this Form 4 filing.
NorthWestern Energy Group, Inc. director Kent T. Larson received a stock grant of 524 shares of common stock on July 9, 2026. The grant, valued at $71.62 per share, represents his third-quarter 2026 stock award under the compensation rate schedule for non-employee directors. Following this award, Larson directly holds 12,041 shares of NorthWestern Energy Group common stock.
NorthWestern Energy Group, Inc. director Linda G. Sullivan received a grant of 768 shares of common stock on July 9, 2026, as a third quarter 2026 stock grant under the compensation rate schedule for non-employee directors. Following this award, she directly holds 34,586 shares, which include shares acquired through dividend reinvestment.
NorthWestern Energy Group, Inc. director Mahvash Yazdi received a grant of 524 shares of common stock on July 6, 2026, as a third-quarter 2026 stock grant under the company’s compensation rate schedule for non-employee directors. Following this award, Yazdi directly holds 22,932 shares, including shares acquired through dividend reinvestment.
NorthWestern Energy Group, Inc. reported that its wholly owned subsidiary, NorthWestern Energy Public Service Corporation, issued and sold $150 million principal amount of South Dakota First Mortgage Bonds. The bonds were issued on June 15, 2026, bear a fixed interest rate of 5.51%, and mature on June 15, 2036.
The SD Bonds are secured under an existing mortgage indenture and a new Twenty-third Supplemental Indenture with The Bank of New York Mellon as trustee. They rank equally with other first-mortgage secured debt and include customary covenants and events of default, allowing acceleration and potential enforcement against mortgaged property if a default occurs. NWE Public Service may redeem the bonds early at a make-whole price.
NorthWestern Energy Group, Inc., through its subsidiary NorthWestern Corporation, entered into a new $225 million secured term loan with a bank syndicate. The company immediately borrowed the full amount and used the proceeds to repay part of the outstanding balance under its existing $425 million unsecured revolving credit facility, effectively refinancing a portion of its debt.
The term loan bears variable interest based on SOFR plus a margin, matures on November 26, 2027, and cannot be reborrowed once repaid. It is secured by a matching $225 million first mortgage bond issued under the company’s long‑standing mortgage indenture, and includes a financial covenant limiting the consolidated debt to capitalization ratio to no more than 65 percent, along with customary restrictive covenants and default provisions.
NorthWestern Energy Group, Inc. is affirming its 2026 non-GAAP earnings guidance of $3.68 to $3.83 per diluted share while meeting investors on a non-deal roadshow and at a utilities conference. Management reiterates a long-term target of 4%-6% EPS and rate base growth from a 2024 adjusted EPS base of $3.40 and estimated rate base of $5.38 billion.
The company highlights a $3.21 billion five-year capital plan through 2030, expected to support 4%-6% annual earnings and rate base growth, and continues to target FFO-to-debt above 14%, a 50%-55% debt-to-capitalization range, and a 60%-70% dividend payout ratio. The materials also describe progress on the pending merger with Black Hills, including shareholder approvals, FERC approval, and key state regulatory milestones, as well as wildfire liability reforms in South Dakota that support its risk management framework.