Northwest Natural (NWN) director credited 507.0210 shares under deferred plan

Rhea-AI Filing Summary

Ludford Mary E reported acquisition or exercise transactions in this Form 4 filing.

Northwest Natural Holding Co director Mary E Ludford reported a discretionary transaction under Rule 16b-3(f) in which 507.0210 shares of common stock, valued at $50.7700 per share, were credited to her account under the company’s Deferred Compensation Plan for Directors and Executives, increasing her indirect holdings to 4,923.6100 shares.

Insider Trade Summary

Net Buyer: 507.021 shares

Net Buy 1 txn

Insider Ludford Mary E

Role Director

Type	Security	Shares	Price	Value
Discretionary	Common Stock F1, F2	507.021	$50.77	$26K

Holdings After Transaction: Common Stock — 4,923.61 shares (Indirect, See Footnote)

Footnotes (2)

1. F1. The reporting transaction was effected pursuant to a written election under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives made on or about September 13, 2024.
2. F2. 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 credited: 507.0210 shares Per-share value: $50.7700 Indirect holdings after transaction: 4,923.6100 shares +1 more

4 metrics

Shares credited 507.0210 shares Common stock credited to plan account in discretionary transaction on 2026-08-06

Per-share value $50.7700 Value per share used for the 507.0210 shares credited

Indirect holdings after transaction 4,923.6100 shares Total indirect common stock holdings reported following the transaction

Transaction date 2026-08-06 Date the discretionary transaction under Rule 16b-3(f) was effected

Key Terms

Deferred Compensation Plan for Directors and Executives, Rule 16b-3(f), indirect ownership

3 terms

Deferred Compensation Plan for Directors and Executives financial

"under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives."

Rule 16b-3(f) regulatory

"transaction is reported as a discretionary transaction under Rule 16b-3(f)."

indirect ownership financial

"ownership type is reported as indirect, with shares credited to the plan account."

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FAQ

What insider transaction did Northwest Natural (NWN) director Mary E Ludford report?

Director Mary E Ludford reported a discretionary transaction under Rule 16b-3(f) in which 507.0210 Northwest Natural common shares were credited to her account under a Deferred Compensation Plan, classified as an indirect ownership position following the transaction.

How many Northwest Natural (NWN) shares were credited in Mary E Ludford’s latest Form 4?

The filing shows 507.0210 Northwest Natural common shares credited to Mary E Ludford’s account at a value of $50.7700 per share. These shares were added through the company’s Deferred Compensation Plan for Directors and Executives rather than via an open-market purchase.

What are Mary E Ludford’s total indirect Northwest Natural (NWN) holdings after this transaction?

After the reported transaction, Mary E Ludford’s indirect holdings total 4,923.6100 Northwest Natural common shares. These shares are credited to her account under the company’s Deferred Compensation Plan for Directors and Executives, as reflected in the Form 4 ownership table and accompanying footnotes.

What plan was used for the credited Northwest Natural (NWN) shares in this Form 4?

The shares were credited under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives. The Form 4 footnotes state the transaction followed a written election under this plan and that the shares were credited to the reporting person’s plan account.

Was the Northwest Natural (NWN) insider transaction described as discretionary under Rule 16b-3(f)?

Yes. The transaction is coded as a discretionary transaction under Rule 16b-3(f). This indicates it was processed under an exemptive rule for insider transactions, consistent with elections made within the company’s Deferred Compensation Plan for Directors and Executives.

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^*

Ludford Mary E

(Last) (First) (Middle)

250 SW TAYLOR ST

(Street)

PORTLAND OREGON 97204

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/06/2026		I(1)		507.021	A	$50.77	4,923.61	I	See Footnote(2)

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. The reporting transaction was effected pursuant to a written election under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives made on or about September 13, 2024.

2. Shares have been credited to reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.

	Molly J. Wilcox, Attorney-in-Fact	08/07/2026
	** 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.
* Form 4: SEC 1474 (03-26)