Kravitz Zachary D 4
4 · Northwest Natural Holding Co · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Northwest Natural (NWN) VP Zachary Kravitz Sells Shares
What Happened
Zachary D. Kravitz, VP of Regulatory Affairs and Resource Planning at Northwest Natural Holding Co. (NWN), had a total of ~1,145.06 shares disposed on March 5, 2026. The filings show: 207 shares @ $52.53 (≈ $10,874) and 937 shares @ $52.53 (≈ $49,221) were withheld/disposed to cover tax obligations tied to vesting restricted stock units (RSUs). Two fractional-share dispositions (0.531 and 0.525 shares at $52.53 each, ≈ $28 each) were processed via open-market/private sale or transfers. These were disposals related to tax withholding and fractional-share handling, not open-market purchases.
Key Details
- Transaction date: 2026-03-05; Filing date: 2026-03-09 (report covers the 3/5 transactions).
- Price: $52.53 per share for all reported dispositions.
- Reported dispositions: 207 shares ($10,874), 937 shares ($49,221), 0.531 shares ($28), 0.525 shares ($28). Total ≈ 1,145.06 shares for ≈ $60,150.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes of note:
- F1/F2: Major disposals were shares withheld by the issuer to cover withholding taxes on vested RSUs (performance- and time-based); vesting certifications were reported on a Feb 27, 2026 Form 4.
- F3: Fractional-share disposals were in connection with transferring whole shares between accounts directly held by the reporting person.
- F4/F5: Other notes reference shares credited to deferred compensation and retirement plans.
- Transaction codes: "F" = tax withholding/covering exercise price/tax liability; "S" = sale of shares (here used for fractional-share disposition).
Context
These transactions reflect routine tax-withholding and fractional-share handling after RSU vesting rather than an intentional market-driven sell by the insider. For retail investors, such withholding sales are administrative and do not necessarily signal the insider’s view on company prospects. The filing was submitted four days after the transaction date; investors may want to note the filing and timing but there is no indication in the form that the dispositions were part of a trading plan (e.g., 10b5-1).
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-05$52.53/sh−207$10,874→ 3,676.056 total - Tax Payment
Common Stock
[F2]2026-03-05$52.53/sh−937$49,221→ 2,739.056 total - Sale
Common Stock
[F3]2026-03-05$52.53/sh−0.531$28→ 2,738.525 total - Sale
Common Stock
[F3]2026-03-05$52.53/sh−0.525$28→ 2,738 total
- 861.627(indirect: See Footnote)
Common Stock
[F4] - 385.643(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 285 restricted stock units (RSUs) with performance threshold, and vesting of 60 time-based RSUs. 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. The 60 time-based RSUs are part of 240 time-based RSUs that have been reported as shares beneficially owned by the reporting person since initially reported on the reporting person's Form 3 on August 4, 2022.
- [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.