Berge Megan H 4

What Happened
Megan H. Berge — SVP, General Counsel, Chief Compliance Officer and Corporate Secretary of Northwest Natural Holding Co. (NWN) — was granted 1,029 restricted stock units (RSUs) on 2026-02-25. The reported acquisition price was $0.00 (award of shares rather than a market purchase), so the immediate cash value reported is $0. The grant reflects satisfaction of a 2025 performance threshold certified by the Organization and Executive Compensation Committee on the transaction date.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (timely, within the Form 4 filing window).
• Transaction type: Award/Grant (code A). Shares acquired: 1,029; price: $0.00; reported cash value at grant: $0.
• Footnote F1: These 1,029 shares are issuable because the 2025 performance threshold was met and certified on the transaction date.
• Footnote F2: The filing notes Berge also has 6,297 time‑based RSUs outstanding under the issuer’s Long Term Incentive Plan; those time‑based RSUs vest in three equal installments on March 1, 2026, 2027 and 2028.
• Shares owned after transaction: not specified in the information provided in this summary.

Context
This transaction is an equity compensation award (performance‑based RSUs), not an open‑market buy or sale. Awards like this reflect compensation and fulfillment of prior performance criteria; they do not by themselves indicate a manager buying or selling stock in the market. The 1,029 RSUs will generally convert to shares according to the plan’s terms when vested/settled, while the cited 6,297 time‑based RSUs vest over the next three annual vesting dates.