ANDERSON DAVID HUGO 4

What Happened
David Hugo Anderson, a director of Northwest Natural Holding Co. (NWN), was awarded a total of 26,630 shares on Feb 25, 2026. The filing shows two awards: 8,961 shares and 17,669 shares, each recorded at $0.00 (awarded, not purchased). These shares were issued due to satisfaction of performance thresholds and goals and were credited under the company’s deferred compensation program for directors and executives.

Key Details

• Transaction date: Feb 25, 2026; Form 4 filed Feb 27, 2026 (two days after the transactions).
• Awards: 8,961 shares (A) and 17,669 shares (A); total 26,630 shares; reported acquisition price $0.00 (compensation award).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: 8,961 shares issuable after satisfaction of the 2025 performance threshold under RSUs.
  • F2: 17,669 shares issuable for achievement of 2023–2025 performance goals under a performance share award.
  • F3: Shares have been credited to the reporting person’s account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives.
• No 10b5-1 plan, sale, or tax-withholding sale was indicated in the provided notes.

Context
These transactions are compensation awards tied to performance goals and were not open-market purchases or sales. Awards like these represent payout of previously granted incentives and are routine forms of executive/director compensation; they do not, by themselves, indicate a buy or sell signal from the insider. The Form 4 was filed two days after the transaction date, which in this case appears timely.