WILSON BRODY J 4
Research Summary
AI-generated summary
Northwest Natural (NWN) VP Brody J. Wilson Receives Awards
What Happened
Brody J. Wilson, Vice President, Treasurer, Controller & CAO of Northwest Natural Holding Co (NWN), received awards totaling 3,066 shares on February 25, 2026. The filing shows two award transactions: 1,104 shares and 1,962 shares, each recorded at $0 (typical for restricted stock unit/performance share issuances). These are grants/award issuances (A) rather than open‑market purchases or sales — i.e., compensation equity rather than an investment buy/sell.
Key Details
- Transaction dates and prices: Feb 25, 2026 — 1,104 shares @ $0.00 and 1,962 shares @ $0.00 (total 3,066 shares).
- Filing date: Form 4 filed Feb 27, 2026 — appears timely given the Feb 25 transaction.
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnotes (as reported):
- F1: Some shares are issuable due to satisfaction of the 2025 performance threshold for RSU awards (committee certified on the transaction date).
- F2: The filing references 2,172 time‑based restricted stock units under the Long Term Incentive Plan that vest in two equal installments on Sep 1, 2026 and Sep 1, 2027.
- F3: Some shares are from payout of performance shares for 2023–2025 (committee certified payout level on the transaction date).
- F4/F5: Notes reference shares credited under the company deferred compensation plan and shares held in the company retirement savings plan as of Feb 13, 2026.
- Transaction type code: A = Award/Grant (not a purchase (P) or sale (S)).
Context
These transactions reflect compensation awards (time‑based RSUs and performance‑based awards) that become actual shares when performance thresholds are met or when RSUs vest; they are recorded at $0 because the insider did not pay cash to acquire them. Such awards are common forms of executive compensation and do not by themselves signal insider buying or selling intent.