Northwest Natural (NWN) Form 4 — Small Insider Sale; RSUs and Plan Holdings Disclosed
Rhea-AI Filing Summary
Northwest Natural Holding Co. insider transaction by Brody J. Wilson reports a small sale and discloses total holdings and source of shares. On 09/02/2025 Mr. Wilson, who serves as Vice President, Treasurer, Controller & CAO and is a director, disposed of 364 shares of common stock at $41.53 per share. After the sale he beneficially owns 12,364 shares directly. The filing notes 2,172 time-based restricted stock units that vest in two equal installments on September 1, 2026 and 2027, with shares withheld to cover taxes on RSUs that vested September 1, 2025. Additional holdings include 6,902.394 shares credited under a deferred compensation plan and 205.153 shares in a retirement savings plan as of August 15, 2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale and disclosure; small amount sold and continued meaningful ownership via compensation and plans.
The Form 4 reflects a modest open-market or tax-withholding sale of 364 shares at $41.53 on 09/02/2025 by an executive who is also a director. The filing clarifies that RSUs vested and some shares were withheld for taxes, while additional balances are held in the company's deferred compensation and retirement plans. This is a compliance disclosure rather than a material change to ownership or corporate control.
TL;DR: Disclosure aligns with Section 16 reporting obligations; transaction size appears immaterial to control or governance.
The report provides the necessary transparency about changes in beneficial ownership and the nature of indirect holdings. The presence of time-based RSUs with clear vesting dates and shares in deferred and retirement plans is typical of executive compensation structures. There is no indication of significant governance impact or major shift in alignment between management and shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 364 | $41.53 | $15K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares were withheld by Issuer to cover withholding taxes on issuance of time-based restricted stock units which vested on September 1, 2025. Includes 2,172 time-based restricted stock units granted under Issuer's Long Term Incentive Plan. The restricted stock units vest in two equal installments on each of September 1, 2026 and 2027. Shares have been credited to the reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives. Shares held in reporting person's account under Northwest Natural Gas Company's Retirement K Savings Plan as of August 15, 2025.