ANDERSON DAVID HUGO 4
4 · Northwest Natural Holding Co · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Northwest Natural (NWN) Director David H. Anderson Sells Shares
What Happened
David H. Anderson, a director of Northwest Natural Holding Co. (NWN), had a total of 9,591 shares withheld/sold on March 5, 2026 to satisfy tax withholding related to equity vesting. The transactions were: 3,747 shares at $52.53 each for $196,830 and 5,844 shares at $52.53 each for $306,985 (total value ~$503,815). These dispositions are recorded with transaction code F (payment of tax liability via share withholding).
Key Details
- Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (timely filing).
- Shares withheld/sold: 3,747 @ $52.53 ($196,830) and 5,844 @ $52.53 ($306,985); total 9,591 shares (~$503,815).
- Transaction code: F — shares withheld to cover withholding taxes on issuance of vested awards (RSUs and performance shares).
- Footnotes: F1/F2 note RSU and performance-share vesting/certification (committee certification reported on Form 4 filed Feb 27, 2026). F3 notes some shares may be credited to a deferred compensation plan for directors/executives.
- Shares owned after the transactions: not specified in this filing.
Context
These were tax-withholding dispositions tied to equity awards vesting, not open-market sales signaling a change in opinion about the company. Such share-withholding is a routine administrative step when restricted stock units or performance shares vest and taxes are due.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-05$52.53/sh−3,747$196,830→ 61,103 total - Tax Payment
Common Stock
[F2]2026-03-05$52.53/sh−5,844$306,985→ 55,259 total
- 8,886.773(indirect: See Footnote)
Common Stock
[F3]
Footnotes (3)
- [F1]Shares were withheld by the issuer to cover withholding taxes on issuance of shares due to vesting of restricted stock units. Organization and Executive Compensation Committee certification of satisfaction of the performance threshold and vesting for these restricted stock units was reported on Form 4 filed on February 27, 2026.
- [F2]Shares were withheld by the issuer to cover withholding taxes on issuance of performance shares. Organization and Executive Compensation Committee certification of the payout of these performance shares was reported on Form 4 filed on February 27, 2026.
- [F3]Shares have been credited to the reporting persons account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives.