Director David Goodin gets 569-share grant at NorthWestern (NWE)

Rhea-AI Filing Summary

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Goodin David L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	569	$65.94	$38K

Holdings After Transaction: Common Stock — 5,100 shares (Direct)

Footnotes (1)

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Key Figures

Stock grant size: 569 shares Grant value per share: $65.94 per share Holdings after transaction: 5,100 shares

3 metrics

Stock grant size 569 shares Second quarter 2026 non-employee director grant

Grant value per share $65.94 per share Transaction price for Common Stock grant

Holdings after transaction 5,100 shares Total Common Stock directly owned after grant

Key Terms

Grant, award, or other acquisition, Common Stock, compensation rate schedule for non-employee directors

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

compensation rate schedule for non-employee directors financial

"received pursuant to the NorthWestern Energy Group, Inc. compensation rate schedule for non-employee directors"

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 SOUTH DAKOTA 57108

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

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

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

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

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	04/07/2026		A		569(1)	A	$65.94	5,100	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. Second 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	04/07/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did NorthWestern Energy (NWE) report for David L. Goodin?

NorthWestern Energy reported a stock grant to director David L. Goodin. He received 569 shares of Common Stock as a second quarter 2026 grant under the compensation schedule for non-employee directors, increasing his direct holdings to 5,100 shares.

Was the NorthWestern Energy (NWE) Form 4 transaction a market purchase or a grant?

The transaction was a grant, not a market purchase. The Form 4 shows code “A,” described as a grant, award, or other acquisition, reflecting 569 shares awarded as director compensation rather than shares bought on the open market.

How many NorthWestern Energy (NWE) shares does David L. Goodin hold after this grant?

After the grant, David L. Goodin holds 5,100 shares directly. The Form 4 lists total shares following the transaction as 5,100, reflecting his updated direct ownership of NorthWestern Energy Group, Inc. Common Stock.

What was the grant-date value per share in the NorthWestern Energy (NWE) Form 4?

The grant used a value of $65.94 per share. The Form 4 reports 569 shares of Common Stock with a transaction price of $65.94, indicating the grant-date valuation applied for this director stock award.

Why did David L. Goodin receive shares of NorthWestern Energy (NWE)?

The shares were part of routine non-employee director compensation. A footnote explains the 569-share award is the second quarter 2026 stock grant under NorthWestern Energy Group, Inc.’s compensation rate schedule for non-employee directors.