Director David Goodin granted 581 NorthWestern Energy (NYSE: NWE) shares

Rhea-AI Filing Summary

NorthWestern Energy Group, Inc. director David L. Goodin received 581 shares of common stock as a stock grant. The grant was made on 01/02/2026 at a reported price of $64.54 per share, according to the Form 4. This award is described as the first quarter 2026 stock grant under the company’s compensation rate schedule for non-employee directors. Following this grant, Goodin beneficially owns 4,531 shares of NorthWestern Energy Group, Inc. common stock held directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Goodin David L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	581	$64.54	$37K

Holdings After Transaction: Common Stock — 4,531 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Goodin David L

(Last) (First) (Middle)

NORTHWESTERN ENERGY

3010 W 69TH STREET

(Street)

SIOUX FALLS SD 57108

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NorthWestern Energy Group, Inc. [ NWE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/02/2026		A		581(1)	A	$64.54	4,531	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. First quarter stock grant for 2026 received pursuant to the NorthWestern Energy Group, Inc. compensation rate schedule for non-employee directors.

Remarks:

	Emily L. Folsom, by power of attorney	01/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did NorthWestern Energy Group (NWE) report?

NorthWestern Energy Group, Inc. reported that director David L. Goodin received 581 shares of its common stock on 01/02/2026 as shown on a Form 4.

Was the NWE insider transaction a purchase or a stock grant?

The filing shows transaction code A and explains it was a first quarter 2026 stock grant under the compensation rate schedule for non-employee directors, not an open-market purchase.

At what price was the NorthWestern Energy (NWE) stock grant recorded?

The 581-share grant to director David L. Goodin was reported at a price of $64.54 per share on the Form 4.

How many NorthWestern Energy (NWE) shares does David L. Goodin now own?

After the reported stock grant, David L. Goodin beneficially owns 4,531 shares of NorthWestern Energy Group, Inc. common stock, all listed as held directly.

What is the reason given for the NWE director stock grant?

The footnote states the 581-share award is the first quarter stock grant for 2026, received under NorthWestern Energy Group, Inc.’s compensation rate schedule for non-employee directors.

Is David L. Goodin a 10% owner of NorthWestern Energy Group (NWE)?

The Form 4 identifies David L. Goodin as a director of NorthWestern Energy Group, Inc. and does not mark him as a 10% owner.