Kaszuba Raymond J III 4

What Happened Raymond J. Kaszuba III, Chief Financial Officer of Northwest Natural Holding Co. (NWN), was issued 1,689 shares on February 25, 2026 as a performance-based restricted stock unit (RSU) award. The reported acquisition price was $0.00 (award/issuance), so no cash was paid by the insider. The award was the result of meeting the company’s 2025 performance threshold and was certified by the Organization and Executive Compensation Committee on the transaction date.

Key Details

• Transaction date and type: 2026-02-25 — Grant/Award (code A) of 1,689 shares at $0.00.
• Report filing: Form 4 filed 2026-02-27 (two days after transaction), which is timely under standard Form 4 rules.
• Shares owned after transaction: not specified in the provided summary.
• Footnote highlights:
  • F1: These 1,689 shares are issuable due to satisfaction of the 2025 performance threshold; certification occurred on the transaction date.
  • F2: The filing notes Kaszuba also has 5,210 time-based RSUs under the company’s Long Term Incentive Plan that vest in two equal installments on Sept 1, 2026 and Sept 1, 2027.

Context This was an issuer compensation award (RSUs) tied to performance and time-based vesting, not an open-market purchase or sale. Such awards reflect executive compensation outcomes (performance attainment and retention incentives) rather than a direct personal purchase or sale decision by the insider.