Northwest Natural director awarded performance shares

Northwest Natural Holding Co director David Hugo Anderson reported acquiring common stock through equity compensation awards rather than open‑market purchases.

Rhea-AI Filing Summary

Northwest Natural Holding Co director David Hugo Anderson reported acquiring common stock through equity compensation awards rather than open‑market purchases. He received 8,961 shares upon satisfaction of the 2025 performance threshold under restricted stock unit awards and 17,669 shares from a 2023–2025 performance share award, following certification by the Organization and Executive Compensation Committee on the transaction date. After these grants, he directly holds 64,850 common shares and has an additional 8,886.773 shares credited indirectly under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives.

Insider Trade Summary

Grant/Award: 26,630 shares

Grant/Award 3 txns

Insider ANDERSON DAVID HUGO

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,961	$0.00	$0.00
Grant/Award	Common Stock	17,669	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 64,850 shares (Direct); Common Stock — 8,886.773 shares (Indirect, See Footnote)

Footnotes (3)

1. F1. 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. F2. 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.
3. F3. Shares have been credited to the reporting persons account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did Northwest Natural (NWN) report for director David Hugo Anderson?

Northwest Natural reported that director David Hugo Anderson acquired common shares through equity compensation awards, not market purchases. The awards reflect performance-based vesting of restricted stock units and performance shares that were certified by the Organization and Executive Compensation Committee on the transaction date.

How many Northwest Natural (NWN) shares did David Hugo Anderson receive in these awards?

David Hugo Anderson received 8,961 Northwest Natural common shares from restricted stock unit awards and 17,669 common shares from a 2023–2025 performance share award. Both awards became issuable after the company’s compensation committee certified that the relevant performance thresholds and goals had been met.

What performance conditions triggered the Northwest Natural (NWN) share awards?

The share awards were triggered by meeting performance thresholds and goals under existing equity plans. One grant related to the 2025 performance threshold for restricted stock units, and another to performance goals for the 2023–2025 period under a performance share award, both certified by the compensation committee.

What is David Hugo Anderson’s Northwest Natural (NWN) ownership after these transactions?

Following the reported equity awards, David Hugo Anderson directly owns 64,850 shares of Northwest Natural common stock. He also has 8,886.773 additional shares credited indirectly to his account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives.

Were the Northwest Natural (NWN) shares acquired by Anderson open-market purchases?

No, the reported Northwest Natural shares were not open-market purchases. They were common shares issuable from previously granted restricted stock unit and performance share awards that vested upon satisfaction of performance thresholds and goals, as certified by the company’s compensation committee.

What does the indirect ownership in Northwest Natural (NWN) represent for Anderson?

The indirect ownership represents shares credited to Anderson’s account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives. These credited shares reflect deferred compensation arrangements rather than direct share certificates held in his own name.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 02/27/2026 - 04:44 PM Learn about SEC filing dates

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^*

ANDERSON DAVID HUGO

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		8,961(1)	A	$0.00	47,181	D
Common Stock	02/25/2026		A		17,669(2)	A	$0.00	64,850	D
Common Stock								8,886.773	I	See Footnote(3)

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. 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.

3. Shares have been credited to the reporting persons account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives.

	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.