Fellon Brian 4

What Happened

• Brian Fellon, VP, Chief Information Officer & CISO of Northwest Natural Holding Co. (NWN), was issued 368 restricted stock units (RSUs) on Feb 25, 2026. The units were granted at $0.00 per share (an award rather than a purchase), reflecting satisfaction of a 2025 performance threshold.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (filed within the usual two-business-day window).
• Transaction type/code: A (award/grant); Price reported: $0.00; Shares acquired: 368.
• Footnote F1: These 368 shares are issuable because the Organization and Executive Compensation Committee certified that the 2025 performance threshold was met on the transaction date.
• Footnote F2: The filing also notes 1,020 time-based RSUs granted under the company’s Long Term Incentive Plan, which vest in two equal installments on Oct 1, 2026 and Oct 1, 2027.
• Shares owned after the transaction: not disclosed in the provided filing details.

Context

• This was an equity award vesting tied to performance (not an open-market buy or sale). Awards and time-based RSUs are commonly part of executive compensation and do not, by themselves, indicate the insider is buying or selling stock for market exposure.