HORSFALL JAN ROBERT 4
4 · NorthWestern Energy Group, Inc. · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
NorthWestern Energy (NWE) Director Jan Robert Horsfall Receives Award
What Happened Jan Robert Horsfall, a non-employee director of NorthWestern Energy Group, Inc. (NWE), received a grant of 581 shares (transaction code A — award/grant) on 2026-02-03. The grant is valued at $64.54 per share, for a total reported value of $37,498. The award was granted under the company’s 2026 compensation schedule for non-employee directors and was issued as deferred share units.
Key Details
- Transaction date: 2026-02-03 (reported on Form 4 filed 2026-02-04) — filing appears timely.
- Shares granted: 581 at $64.54 per share; total value $37,498.
- Grant issued as deferred share units (DSUs); underlying DSUs are issuable after the reporting person’s termination of service (footnote F2).
- Grant price was set as of 12/31/2025 and shares were issued as DSUs on 2026-02-02 (footnote F3).
- Grant includes shares acquired via dividend reinvestment (footnote F4).
- Shares owned after the transaction: not specified in the filing.
Context This was a routine director compensation award (not an open-market purchase or sale). Awards issued as deferred share units typically vest or convert to stock upon a director’s departure and are common for non-employee director pay; they do not necessarily indicate a personal buy/sell sentiment.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3][F4]2026-02-03$64.54/sh+581$37,498→ 10,505 total
Footnotes (4)
- [F1]First quarter stock grant for 2026 received pursuant to the NorthWestern Energy Group, Inc. compensation rate schedule for non-employee directors.
- [F2]Includes underlying deferred share units that are issuable subsequent to the reporting person's termination of service from the company.
- [F3]Grant price as of December 31, 2025. Shares issued as deferred share units on February 2, 2026.
- [F4]Includes shares acquired from dividend reinvestment.