Weber David A. 4
4 · Northwest Natural Holding Co · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Northwest Natural (NWN) VP David Weber Withholds Shares for Taxes
What Happened
David A. Weber, VP, Gas Supply at Northwest Natural Holding Co (NWN), had 1,483 shares withheld by the issuer to satisfy tax withholding related to awards (546 shares at $52.53 = $28,681; 937 shares at $52.53 = $49,221). He also disposed of a 0.604 fractional share in an open-market/private sale at $52.53 for $32. These transactions are tax-withholding and fractional-account adjustments rather than a substantive market sell-off.
Key Details
- Transaction date(s): March 5, 2026 (report filed March 9, 2026). Filing appears timely.
- Prices and values: withheld shares at $52.53 each (546 shares = $28,681; 937 shares = $49,221); fractional sale 0.604 shares at $52.53 = $32.
- Shares affected: 1,483 whole shares withheld; 0.604 share disposed.
- Shares owned after transaction: not specified in the provided filing information.
- Relevant footnotes: F1 = shares withheld to cover taxes on vested restricted stock units (performance certification reported on Form 4 filed Feb 27, 2026); F2 = shares withheld for performance-share payout (certified Feb 27, 2026); F3 = fractional-share disposition between the reporting person’s accounts. Additional notes in the filing (F4, F5) reference deferred compensation and retirement plan holdings.
- Transaction codes: F = tax withholding on awards; S = small open-market/private sale of fractional share.
Context
These transactions reflect routine tax-withholding on equity awards (RSUs and performance shares) and an administrative fractional-share transfer — not a market-driven sale by the insider. For retail investors, tax-withholdings and fractional-share disposals typically do not signal insider sentiment about the company’s prospects.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-05$52.53/sh−546$28,681→ 2,786.604 total - Tax Payment
Common Stock
[F2]2026-03-05$52.53/sh−937$49,221→ 1,849.604 total - Sale
Common Stock
[F3]2026-03-05$52.53/sh−0.604$32→ 1,849 total
- 2,235.088(indirect: See Footnote)
Common Stock
[F4] - 21,917.23(indirect: See Footnote)
Common Stock
[F5]
Footnotes (5)
- [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]Disposition of fractional shares in connection with the transfer of whole shares between accounts directly held by the reporting person.
- [F4]Shares have been credited to the reporting persons account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives.
- [F5]Shares held in the reporting persons account under the Northwest Natural Retirement K Savings Plan as of February 28, 2026.