STOCK TITAN

Executive Zachary Kravitz (NYSE: NWN) gains performance and plan shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Northwest Natural Holding Co vice president Zachary D. Kravitz reported multiple stock awards and plan-related share credits. On February 25, 2026, he acquired 285 common shares upon satisfaction of a 2025 performance threshold under restricted stock units and 1,962 shares from a 2023–2025 performance share award, both at no cash price. He also acquired 591 common shares credited to his deferred compensation plan account after meeting a 2025 performance threshold. In addition, indirect holdings include shares credited under a deferred compensation plan and 384.205 shares held in a Retirement K Savings Plan as of February 13, 2026.

Positive

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Insider Kravitz Zachary D
Role VP, Regulatory Affairs and
Type Security Shares Price Value
Grant/Award Common Stock 285 $0.00 --
Grant/Award Common Stock 1,962 $0.00 --
Grant/Award Common Stock 591 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,913.83 shares (Direct); Common Stock — 861.627 shares (Indirect, See Footnote)
Footnotes (1)
  1. Shares are issuable as a result of satisfaction of the performance threshold for 2025 under restricted stock unit awards. Organization and Executive Compensation Committee certification of the satisfaction of the performance threshold occurred on the transaction date. Includes 60 time-based RSUs granted under the Long Term Incentive Plan under the Issuer. The RSUs vest on March 1, 2026. Shares are issuable as a result of satisfaction of performance goals for 2023-2025 under a performance share award. Organization and Executive Compensation Committee certification of the award payout level occurred on the transaction date. Shares are issuable as a result of satisfaction of the performance threshold for 2025 under restricted stock unit awards, and credited to reporting persons account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives pursuant to a prior election. Organization and Executive Compensation Committee certification of the satisfaction of the performance threshold occurred on the transaction date. Shares have been credited to the reporting persons account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives. Shares held in reporting persons account under the Northwest Natural Gas Company Retirement K Savings Plan as of February 13, 2026.
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*
Kravitz Zachary D

(Last) (First) (Middle)
250 SW TAYLOR ST

(Street)
PORTLAND OR 97204

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Northwest Natural Holding Co [ NWN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) X Other (specify below)
VP, Regulatory Affairs and Resource Planning, NW Natural
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
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 02/25/2026 A 285(1) A $0.00 1,913.8297(2) D
Common Stock 02/25/2026 A 1,962(3) A $0.00 3,875.8297(2) D
Common Stock 02/25/2026 A 591(4) A $0.00 861.627 I See Footnote(5)
Common Stock 384.205 I See Footnote(6)
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. Shares are issuable as a result of satisfaction of the performance threshold for 2025 under restricted stock unit awards. Organization and Executive Compensation Committee certification of the satisfaction of the performance threshold occurred on the transaction date.
2. Includes 60 time-based RSUs granted under the Long Term Incentive Plan under the Issuer. The RSUs vest on March 1, 2026.
3. Shares are issuable as a result of satisfaction of performance goals for 2023-2025 under a performance share award. Organization and Executive Compensation Committee certification of the award payout level occurred on the transaction date.
4. Shares are issuable as a result of satisfaction of the performance threshold for 2025 under restricted stock unit awards, and credited to reporting persons account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives pursuant to a prior election. Organization and Executive Compensation Committee certification of the satisfaction of the performance threshold occurred on the transaction date.
5. Shares have been credited to the reporting persons account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives.
6. Shares held in reporting persons account under the Northwest Natural Gas Company Retirement K Savings Plan as of February 13, 2026.
Molly J. Wilcox, Attorney-in-Fact 02/27/2026
** 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 activity did NWN executive Zachary Kravitz report on this Form 4?

Northwest Natural Holding Co executive Zachary Kravitz reported stock awards and plan-related share credits. He acquired performance-based and time-based common stock and had additional shares credited to deferred compensation and retirement savings plans, all reflected as increases in his direct and indirect ownership positions.

How many Northwest Natural (NWN) shares did Zachary Kravitz acquire through awards?

Zachary Kravitz acquired 285 Northwest Natural common shares from 2025 restricted stock unit performance satisfaction and 1,962 shares from a 2023–2025 performance share award payout. Both awards were certified by the Organization and Executive Compensation Committee on February 25, 2026, at no stated cash price per share.

What indirect Northwest Natural (NWN) holdings does Zachary Kravitz report?

Indirectly, Zachary Kravitz reports shares credited to his account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives, including 591 shares tied to 2025 performance thresholds, and 384.205 shares held in his Retirement K Savings Plan account as of February 13, 2026.

Are the NWN shares reported by Zachary Kravitz open-market purchases or awards?

The reported Northwest Natural shares are awards and plan credits, not open-market purchases. They arise from restricted stock unit performance satisfaction, a performance share award for 2023–2025, and credits to deferred compensation and Retirement K Savings Plan accounts, all with a reported per-share price of $0.0000.

What performance periods triggered Zachary Kravitz’s NWN share awards?

The awards reflect achievement of specific company performance periods. Shares were issuable after meeting a 2025 performance threshold under restricted stock unit awards and separate performance goals for the 2023–2025 period under a performance share award, both certified by the Organization and Executive Compensation Committee on February 25, 2026.

Does Zachary Kravitz hold time-based RSUs in Northwest Natural (NWN)?

Yes. Footnotes indicate his holdings include 60 time-based restricted stock units granted under the issuer’s Long Term Incentive Plan. These RSUs are scheduled to vest on March 1, 2026, and are separate from the performance-based awards and plan-related share credits reported in the same filing.