RUSH KIMBERLY HEITING 4

What Happened
Rush Kimberly Heiting, President of Northwest Natural Holding Co. (NWN), was granted two performance-based awards on February 25, 2026, resulting in issuance of 3,677 shares and 6,286 shares (total 9,963 shares). The Form 4 reports these as awards/acquisitions at $0.00 (awarded shares, not open‑market purchases or sales).

Key Details

• Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (filed timely).
• Awarded shares and reported prices: 3,677 shares @ $0.00 and 6,286 shares @ $0.00 (total 9,963 shares). Reported dollar amount on Form 4 = $0 (these are equity awards, not purchases).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes summary:
  • F1: 3,677 shares issued after satisfaction of the 2025 RSU performance threshold; payout certified by the Organization and Executive Compensation Committee on the transaction date.
  • F2: 6,286 shares issued as payout for 2023–2025 performance share award; committee certified payout level on the transaction date.
  • F3: Some shares are held in the reporting person’s account under the NW Natural Gas Company Retirement K Savings Plan (as of Feb 13, 2026).
  • F4: Some shares were credited to the reporting person’s account under the NW Natural Gas Company Deferred Compensation Plan for Directors and Executives.

Context: These were compensation awards that vested or were certified as payable based on performance goals. Awards recorded at $0.00 on the Form 4 reflect issuance rather than a market purchase or sale; they do not necessarily signal the insider bought or sold stock in the open market.