Northwest Natural (NWN) director sells stock under 10b5-1 plan
Rhea-AI Filing Summary
Northwest Natural Holding Co (NWN) director David Hugo Anderson reported selling 1,500 shares of common stock on August 18, 2026 at a weighted average price of $50.8625 per share in open-market trades under a Rule 10b5-1 trading plan. Following this sale, he directly holds 50,759 shares of NWN common stock. In addition, 9,064.094 shares have been credited to his account indirectly under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.
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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 F1, F2 | 1,500 | $50.8625 | $76K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,759 shares (Direct);
Common Stock — 9,064.094 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 $500,000 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 $50.5900 to $51.0650, resulting in a weighted average price of $50.8625. 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: $50.8625 per share
Sale price range: $50.5900–$51.0650 per share
+4 more
7 metrics
Shares sold
1,500 shares
Common stock sale on August 18, 2026
Weighted average sale price
$50.8625 per share
Common stock sale on August 18, 2026
Sale price range
$50.5900–$51.0650 per share
Price range of multiple trades on August 18, 2026
Direct holdings after transaction
50,759 shares
Direct NWN common stock owned after August 18, 2026 sale
Indirect deferred compensation holdings
9,064.094 shares
Shares credited under Deferred Compensation Plan
Stock ownership requirement benchmark
$500,000
Stock ownership requirement for non-management directors referenced in footnote
10b5-1 plan establishment date
March 27, 2026
Date Anderson established the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, Deferred Compensation Plan, non-management directors
4 terms
Rule 10b5-1 trading plan regulatory
"Transaction made pursuant to a Rule 10b5-1 trading plan established"
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 $50.5900 to $51.0650, resulting in a weighted average price"
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 ... 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.
non-management directors other
"stock ownership requirements for non-management directors"
FAQ
What insider transaction did NWN director David Hugo Anderson report?
David Hugo Anderson reported selling 1,500 NWN common shares on August 18, 2026. The sale was executed in open-market trades at a $50.8625 weighted average price under a pre-established Rule 10b5-1 trading plan.
Was the August 18, 2026 NWN stock sale by Anderson under a Rule 10b5-1 plan?
Yes. The filing states the sale was made under a Rule 10b5-1 trading plan that Anderson established on March 27, 2026. The plan permits periodic sales to diversify his holdings in connection with his retirement.
What role does David Hugo Anderson currently have at Northwest Natural Holding Co (NWN)?
The reporting person is identified as a director of Northwest Natural Holding Co. The footnote also notes that he previously retired from his position as CEO of NW Holdings and NW Natural, effective April 1, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
