Saathoff MardiLyn 4

What Happened
MardiLyn Saathoff, Chief Legal Officer & SVP, Regulatory of Northwest Natural Holding Co (NWN), was awarded a total of 12,082 shares on February 25, 2026. The award consists of 4,229 shares (reported at $0.00) and 7,853 shares (reported at $0.00) issued as equity compensation following certification of performance goals. These were grant/award acquisitions (code A on the Form 4), reported on a filing dated February 27, 2026.

Key Details

• Transaction dates and price: Feb 25, 2026 — 4,229 shares @ $0.00 (award); Feb 25, 2026 — 7,853 shares @ $0.00 (award).
• Total shares awarded: 12,082. Reported acquisition price is $0.00 because these are compensation awards, not open-market purchases.
• Filing: Form 4 filed Feb 27, 2026 (timely; within the typical 2-business-day reporting window).
• Shares owned after transaction: Not specified in the provided filing summary.
• Relevant footnotes from the filing:
  • F1: 4,229 shares issuable upon satisfaction of the 2025 performance threshold; committee certification occurred on the transaction date.
  • F2: 7,853 shares issuable as payout for 2023–2025 performance share award; committee certification occurred on the transaction date.
  • F3/F4: filing notes related to shares credited to the Deferred Compensation Plan and shares held in the Retirement K Savings Plan (these describe plan accounts/holdings, not additional open-market trades).

Context
These transactions are compensation awards (restricted stock units / performance shares) that reflect payout of performance-based equity, not purchases or sales in the open market. Such awards are routine executive compensation and do not necessarily indicate the insider’s personal buying or selling sentiment. The reported $0.00 price is standard for awarded shares; any tax withholding or vesting conditions would be detailed in the full Form 4 or company disclosures.