Fellon Brian 4

What Happened Brian Fellon, VP, Chief Information Officer & Chief Information Security Officer of Northwest Natural Holding Co. (NWN), had 175 shares withheld by the company on March 5, 2026 to satisfy withholding taxes related to the issuance of vested restricted stock units. The withheld shares were valued at $52.53 each, totaling approximately $9,193. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-05; Form 4 filed 2026-03-09 (timely under the two-business-day rule).
• Withheld: 175 shares at $52.53 per share; total value ≈ $9,193.
• Transaction code: F (shares withheld to cover tax withholding on issuance).
• Shares owned after transaction: not specified in the provided excerpt (see full Form 4 for total holdings).
• Footnotes:
  • F1: Shares were withheld to cover withholding taxes on RSU issuance; an Organization & Executive Compensation Committee certification of performance-threshold satisfaction and vesting for these performance-based RSUs was reported on Form 4 filed Feb 27, 2026.
  • F2: Separately, 1,020 time-based RSUs were granted under the LTIP and vest in two equal installments on Oct 1, 2026 and Oct 1, 2027.

Context This was a routine tax-withholding action associated with RSU vesting (a common administrative disposition) rather than a discretionary sale or purchase; such withholdings do not necessarily indicate the insider's view of the company. For details on total holdings and the underlying awards, review the full Form 4 and the referenced Feb 27, 2026 filing.