Yingling Jeffrey W. 4

What Happened Jeffrey W. Yingling, a member of the board of NorthWestern Energy Group, Inc. (NWE), received a director stock grant on May 11, 2026. The award consisted of 569 shares (issued as deferred share units) valued at $65.94 per share, for a total grant value of $37,520. This was a compensation award (code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: May 11, 2026 — 569 shares at $65.94 per share (total $37,520).
• Transaction type: Grant/Award (non-cash compensation), issued as deferred share units.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • Second-quarter 2026 stock grant under the company’s compensation schedule for non-employee directors.
  • Includes underlying deferred share units that become issuable after the reporting person’s termination of service.
  • Grant price reported as of March 31, 2026; shares were issued as deferred share units on May 11, 2026.
  • Includes shares acquired from dividend reinvestment.
• Filing: Reported on May 12, 2026 for a May 11, 2026 transaction (filed promptly; no late filing indicated).

Context This award is routine director compensation (deferred share units) rather than a market purchase or sale. Deferred share units typically convert to shares or cash after a director leaves service, so the grant reflects compensation policy rather than an immediate bullish or bearish trade by the insider.