NWN director sells 1,500 shares under 10b5-1 plan
Northwest Natural Holding Co director David Hugo Anderson reported an open-market sale of company stock.
Rhea-AI Filing Summary
Northwest Natural Holding Co director David Hugo Anderson reported an open-market sale of company stock. He sold 1,500 shares of common stock at a weighted average price of $50.9006 per share, leaving him with 53,759 shares held directly after the transaction.
The trade was executed on June 26, 2026 pursuant to a pre-established Rule 10b5-1 trading plan created on March 27, 2026. Footnotes explain this plan was set up after his retirement as CEO to periodically sell stock and diversify his holdings. Separately, 8,977.164 shares are credited to his account under the company’s Deferred Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,500 shares
Net Sell
2 txns
Insider
ANDERSON DAVID HUGO
Role
Director
Sold
1,500 shs ($76K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,500 | $50.9006 | $76K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 53,759 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 $50.78 to $51.15, resulting in a weighted average price of $50.9006. 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: $50.9006 per share
Direct holdings after sale: 53,759 shares
+3 more
6 metrics
Shares sold
1,500 shares
Open-market sale on June 26, 2026
Weighted average sale price
$50.9006 per share
Multiple trades between $50.78 and $51.15
Direct holdings after sale
53,759 shares
Common stock held directly following transaction
Deferred compensation shares
8,977.164 shares
Credited under Deferred Compensation Plan
Director ownership requirement base
$450,000
Stock ownership requirement for non-management directors
Ownership multiple at plan setup
More than 7 times requirement
Holding level when 10b5-1 plan established
Key Terms
Rule 10b5-1 trading plan, weighted average price, Deferred Compensation Plan, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"Transaction made pursuant to a Rule 10b5-1 trading plan established by the reporting person"
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.
weighted average price financial
"prices ranging from $50.78 to $51.15, resulting in a weighted average price of $50.9006"
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.
Deferred Compensation Plan financial
"Shares have been credited to reporting person's account under Northwest Natural Gas Company's 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.
open-market sale financial
"transaction_code_description: Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did David Hugo Anderson report at Northwest Natural (NWN)?
David Hugo Anderson reported selling 1,500 shares of Northwest Natural common stock in an open-market transaction. The trade occurred on June 26, 2026 and was disclosed in a Form 4 insider filing, detailing both the sale price and his remaining share ownership.
Was the Northwest Natural (NWN) insider sale under a Rule 10b5-1 plan?
Yes. The filing states the transaction was made under a Rule 10b5-1 trading plan Anderson established on March 27, 2026. The footnote explains the plan allows periodic stock sales to diversify his holdings in connection with his retirement from CEO roles.
What retirement context is disclosed around Anderson’s Northwest Natural (NWN) stock sales?
The filing notes Anderson retired as CEO of NW Holdings and NW Natural effective April 1, 2025. It adds that when his 10b5-1 plan was set up, he held more than seven times the $450,000 stock ownership requirement for non-management directors.
How were the Northwest Natural (NWN) trades executed for Anderson’s sale?
The shares were sold in multiple trades on the reported date, with prices ranging from $50.78 to $51.15. The reported weighted average sale price was $50.9006 per share, and the issuer offers to provide full trade breakdowns upon request to regulators or shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
