ANDERSON DAVID HUGO 4
Research Summary
AI-generated summary
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.