Director Edwards gets 581 NorthWestern Energy (NYSE: NWE) shares

Rhea-AI Filing Summary

NorthWestern Energy Group, Inc. director Sherina M. Edwards reported receiving a first quarter 2026 stock grant of company common shares. On January 2, 2026, she acquired 581 shares of common stock at $64.54 per share under the company’s compensation rate schedule for non-employee directors. Following this grant, she beneficially owned 8,885 common shares, held directly in her name.

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

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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^*

Edwards Sherina M.

(Last) (First) (Middle)

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	8,885	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.
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FAQ

What insider transaction did NorthWestern Energy (NWE) report in this Form 4?

The filing reports that director Sherina M. Edwards received a grant of 581 shares of NorthWestern Energy Group, Inc. common stock on January 2, 2026.

What was the price per share for the Sherina M. Edwards stock grant at NorthWestern Energy (NWE)?

The 581-share grant of common stock to Sherina M. Edwards was reported at a price of $64.54 per share.

How many NorthWestern Energy (NWE) shares does Sherina M. Edwards own after this transaction?

After the reported stock grant, Sherina M. Edwards beneficially owned 8,885 shares of NorthWestern Energy Group, Inc. common stock.

Is the Sherina M. Edwards Form 4 transaction at NorthWestern Energy (NWE) a purchase or a grant?

The transaction is a stock grant described as a first quarter 2026 stock grant made under the company’s compensation rate schedule for non-employee directors, not an open-market purchase.

What role does Sherina M. Edwards hold at NorthWestern Energy Group, Inc. (NWE)?

Sherina M. Edwards is reported as a director of NorthWestern Energy Group, Inc. and is identified as a non-employee director for compensation purposes.

Does the Form 4 indicate indirect ownership or entities related to the Sherina M. Edwards transaction at NWE?

The Form 4 shows the 8,885 shares following the transaction as held with direct ownership, with no indirect ownership entity listed.