NWN (NWN) CFO Kaszuba logs 802-share tax-withholding disposition in Form 4

Rhea-AI Filing Summary

Northwest Natural Holding Co senior vice president and chief financial officer Raymond J. Kaszuba III reported a small share disposition tied to equity compensation. On the tax date, 802 shares of common stock at $52.53 per share were withheld by the company to cover withholding taxes owed on the issuance of shares from vested restricted stock units. This was a tax-withholding disposition, not an open-market sale, and left him with 7,939 common shares held directly.

The filing also notes that his holdings include 5,210 time-based restricted stock units granted under the company’s long term incentive plan, scheduled to vest in two equal installments on September 1, 2026 and September 1, 2027.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kaszuba Raymond J III

Role SVP & Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	802	$52.53	$42K

Holdings After Transaction: Common Stock — 7,939 shares (Direct)

Footnotes (1)

1. Shares were withheld by the issuer to cover withholding taxes on issuance of shares due to vesting of restricted stock units. Organization and Executive Compensation Committee certification of satisfaction of the performance threshold and vesting for these restricted stock units was reported on Form 4 filed on February 27, 2026. Includes 5,210 time-based restricted stock units granted under the Long Term Incentive Plan of the Issuer. The restricted stock units vest in two equal installments on each of September 1, 2026 and 2027.

Form 4 Insider Transactions: What Each Field Means →

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

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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^*

Kaszuba Raymond J III

(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)		Other (specify below)
	SVP & Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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	03/05/2026		F		802(1)	D	$52.53	7,939(2)	D

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 were withheld by the issuer to cover withholding taxes on issuance of shares due to vesting of restricted stock units. Organization and Executive Compensation Committee certification of satisfaction of the performance threshold and vesting for these restricted stock units was reported on Form 4 filed on February 27, 2026.

2. Includes 5,210 time-based restricted stock units granted under the Long Term Incentive Plan of the Issuer. The restricted stock units vest in two equal installments on each of September 1, 2026 and 2027.

	Molly J. Wilcox, Attorney-in-Fact	03/09/2026
	** 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 transaction did NWN CFO Raymond Kaszuba report on this Form 4?

Raymond J. Kaszuba III reported a tax-withholding disposition of 802 Northwest Natural Holding Co common shares at $52.53 per share. The shares were withheld by the company to cover withholding taxes on restricted stock units that had vested.

Was the NWN CFO’s Form 4 transaction an open-market stock sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 802 shares were withheld by Northwest Natural Holding Co to satisfy withholding taxes on shares issued from vested restricted stock units, according to the filing’s footnote.

How many NWN shares does Raymond Kaszuba hold after this Form 4 transaction?

After the tax-withholding disposition, Raymond J. Kaszuba III directly holds 7,939 shares of Northwest Natural Holding Co common stock. This total reflects the impact of the 802 shares withheld to cover tax obligations related to the vesting of restricted stock units.

What restricted stock units does NWN’s CFO hold and when do they vest?

The filing states Kaszuba holds 5,210 time-based restricted stock units under Northwest Natural Holding Co’s Long Term Incentive Plan. These RSUs are scheduled to vest in two equal installments on September 1, 2026 and September 1, 2027, subject to plan terms.

Why were 802 NWN shares withheld in the CFO’s Form 4 filing?

802 common shares were withheld by Northwest Natural Holding Co to cover withholding taxes due when restricted stock units vested and shares were issued. The company’s Organization and Executive Compensation Committee had certified satisfaction of the performance threshold for these restricted stock units.