Northwest Natural director sells 1,500 shares under plan
Northwest Natural Holding Co director David Hugo Anderson sold 1,500 shares of common stock on July 20, 2026 at a weighted average price of $51.1834 per share under a pre-established Rule 10b5-1 trading plan.
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Form Type
4
Rhea-AI Filing Summary
Northwest Natural Holding Co director David Hugo Anderson sold 1,500 shares of common stock on July 20, 2026 at a weighted average price of $51.1834 per share under a pre-established Rule 10b5-1 trading plan.
After the sale he directly holds 52,259 shares and indirectly holds 8,977.164 shares credited to his account under a Deferred Compensation Plan.
Insider Trade Summary 10b5-1
Net Seller: 1,500 shares
Net Sell
2 txns
Insider
ANDERSON DAVID HUGO
Role
Director
Sold
1,500 shs ($77K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,500 | $51.1834 | $77K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 52,259 shares (Direct);
Common Stock — 8,977.164 shares (Indirect, See Footnote)
Footnotes (3)
- F1. Transaction made pursuant to a Rule 10b5-1 trading plan established by the reporting person on March 27, 2026. As previously disclosed, Mr. Anderson retired from his position as CEO of NW Holdings and NW Natural, effective April 1, 2025. At the time the 10b5-1 Plan was established, Mr. Anderson held more than 7 times the $450,000 stock ownership requirements for non-management directors. This trading arrangement allows Mr. Anderson to periodically sell a portion of his NW Holdings common stock to diversify his holdings in connection with his retirement.
- F2. This transaction was executed in multiple trades on reported date with prices ranging from $51.01 to $51.46, resulting in a weighted average price of $51.1834. Northwest Natural Holding Company (Issuer) will provide upon request by the Commission staff or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
- F3. Shares have been credited to reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
Key Figures
Shares sold: 1,500 shares
Weighted average sale price: $51.1834 per share
Direct holdings after transaction: 52,259 shares
+3 more
6 metrics
Shares sold
1,500 shares
Sale of common stock on July 20, 2026
Weighted average sale price
$51.1834 per share
Common stock sale executed in multiple trades
Direct holdings after transaction
52,259 shares
Common stock directly owned following July 20, 2026 sale
Indirect holdings after transaction
8,977.164 shares
Credited under Deferred Compensation Plan for Directors and Executives
10b5-1 plan adoption date
March 27, 2026
Date Anderson’s Rule 10b5-1 trading plan was established
Director stock ownership requirement
$450,000
Non-management director stock ownership requirement; Anderson held over 7× this amount at plan adoption
Key Terms
Rule 10b5-1 trading plan, Deferred Compensation Plan, weighted average price
3 terms
Rule 10b5-1 trading plan regulatory
"Transaction made pursuant to a Rule 10b5-1 trading plan established"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Deferred Compensation Plan financial
"Shares have been credited to reporting person's account under ... Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
weighted average price financial
"prices ranging from $51.01 to $51.46, resulting in a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Northwest Natural (NWN) report for David Hugo Anderson?
Northwest Natural reported that director David Hugo Anderson sold 1,500 shares of common stock on July 20, 2026. The sale was executed in multiple trades, all on that date, and reported as a standard sale of non-derivative common stock.
Was the Northwest Natural (NWN) stock sale by Anderson under a Rule 10b5-1 plan?
Yes. The sale was made pursuant to a Rule 10b5-1 trading plan established by Anderson on March 27, 2026. The plan allows him to periodically sell Northwest Natural shares to diversify his holdings in connection with his retirement.
What is the nature of Anderson’s indirect Northwest Natural (NWN) holdings?
The indirect holdings of 8,977.164 shares are credited to Anderson’s account under Northwest Natural Gas Company’s Deferred Compensation Plan for Directors and Executives. These plan credits represent an indirect form of ownership separate from his directly held common shares.
What role does David Hugo Anderson have at Northwest Natural (NWN) now?
Anderson is identified as a director of Northwest Natural Holding Co. He previously served as CEO of NW Holdings and NW Natural, retiring from those executive positions effective April 1, 2025, but continues to serve on the board as a non-management director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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