Saathoff MardiLyn 4

What Happened

• MardiLyn Saathoff, Chief Legal Officer & SVP, Regulatory of Northwest Natural Holding Co. (NWN), had a total of 5,842 shares withheld on March 5, 2026 to satisfy tax withholding obligations tied to equity awards.
• The filing lists two withholding dispositions: 2,095 shares at $52.53 each ($110,050) and 3,747 shares at $52.53 each ($196,830), total value about $306,880. These are reported as tax-withholding transactions (code F).

Key Details

• Transaction date: March 5, 2026. Form 4 filed: March 9, 2026 (timely — within SEC two-business-day window).
• Prices: $52.53 per share for both entries. Shares withheld: 2,095 and 3,747 (total 5,842). Combined reported value ≈ $306,880.
• Transaction code: F — shares were withheld by the issuer to cover withholding taxes (net settlement), not an open-market sale by the insider.
• Footnotes: F1/F2 indicate withholding related to vesting/payment of restricted stock units and performance shares; the Organization & Executive Compensation Committee certified vesting/payout (reported previously on Form 4 filed Feb 27, 2026). F3/F4 note some shares are credited to the reporting person’s deferred compensation and retirement plan accounts.
• Shares owned after the transactions are not specified in the provided filing summary.

Context

• This is a routine net-share settlement (tax withholding) following award vesting/payout — common for executives and generally not considered a market-driven sale signal.
• No purchase or independent sale by the insider is reported here; the filing documents withholding tied to compensation.