Northwest Natural (NWN) shareholder plans $1.85M stock sale via Form 144

Rhea-AI Filing Summary

Northwest Natural Holding Company (NWN) has filed a Form 144 indicating that shareholder David H. Anderson plans to sell up to 42,869 common shares through broker Charles Schwab on or about 07/21/2025 on the NYSE. At the most recent market price referenced by the filing, the proposed sale is valued at $1.85 million. The company lists 40,309,760 shares outstanding, so the planned disposition represents roughly 0.1 % of shares outstanding.

The filer also disclosed prior sales over the last three months totaling 15,091 shares for gross proceeds of $608,786 (7,591 shares on 05/21/25 for $311,175 and 7,500 shares on 06/20/25 for $297,611). Acquisition data show the shares were originally obtained on 08/15/2005 via “various methods & dates.” No relationship to the issuer is specified, and no adverse information about NWN’s operations is claimed by the seller as required under Rule 144.

The notice alerts investors to a moderate insider-level sale but does not itself signal operational or financial changes at NWN.

Insights

Securities Analyst

TL;DR: Small Rule 144 sale (~0.1 % float) by shareholder; signals liquidity move, not necessarily bearish on NWN fundamentals.

The Form 144 details a proposed disposition of 42,869 NWN shares valued at $1.85 million, following 15,091 shares sold in the prior quarter. Even if Mr. Anderson is an affiliate, the cumulative 57,960-share activity equals roughly 0.14 % of the 40.3 million shares outstanding—immaterial to float and unlikely to pressure pricing. Lack of disclosed relationship limits interpretation of intent, but the multi-month pattern suggests portfolio diversification rather than outright exit. No operational data accompany the filing; therefore, impact on valuation is minimal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/21/2025 - 10:52 AM Learn about SEC filing dates

FAQ

How many Northwest Natural (NWN) shares are proposed for sale under this Form 144?

The filer plans to sell 42,869 common shares.

What is the estimated market value of the shares to be sold?

The aggregate market value listed is $1,851,579.

When is the planned sale date for the NWN shares?

The filing lists an approximate sale date of 07/21/2025.

How many NWN shares has the filer sold in the past three months?

The filer previously sold 15,091 shares for total proceeds of $608,786.

What percentage of Northwest Natural's outstanding shares does the proposed sale represent?

The 42,869 shares equal roughly 0.1 % of the 40,309,760 shares outstanding.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	THE CHARLES SCHWAB CORPORATION 3000 Schwab Way Westlake TX 76262	42869	1851579.00	40309760	07/21/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
COMMON	08/15/2005	VAROUS METHODS & DATES	ISSUER			42869	08/15/2005	NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
DAVID H ANDERSON 250 S.W. Taylor Street Portland OR 97204	COMMON	05/21/2025	7591	311175.00
DAVID H ANDERSON 250 S.W. Taylor Street Portland OR 97204	COMMON	06/20/2025	7500	297611.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)