ANDERSON DAVID HUGO 4
4 · Northwest Natural Holding Co · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Northwest Natural (NWN) Director David H. Anderson Sells 1,500 Shares
What Happened David H. Anderson, a director of Northwest Natural Holding Co. (NWN), sold 1,500 shares in an open‑market transaction on June 26, 2026, generating about $76,351 in proceeds. The trades executed at prices between $50.78 and $51.15, for a weighted average price of $50.9006. This was a sale (routine/liquidity transaction) made under a pre-established Rule 10b5‑1 trading plan.
Key Details
- Transaction date: June 26, 2026 (filed June 29, 2026).
- Shares sold: 1,500; price range: $50.78–$51.15; weighted average price: $50.9006.
- Gross proceeds reported: $76,351 (approx).
- Footnote: Sale executed pursuant to a Rule 10b5‑1 plan established March 27, 2026; plan was described as allowing periodic sales to diversify holdings in connection with Mr. Anderson’s retirement (he retired as CEO effective April 1, 2025).
- Footnote: Shares involved were credited to the reporting person’s account under Northwest Natural Gas Company’s Deferred Compensation Plan for Directors and Executives.
- Shares owned after transaction: Not specified in this filing.
- Timeliness: Form 4 filed June 29, 2026 — appears to be filed within the standard two business‑day window for Section 16 reporting.
Context This sale was executed under a prearranged 10b5‑1 plan, a common mechanism insiders use to diversify holdings without running afoul of insider trading rules. Sales under such plans are generally considered routine liquidity transactions and do not by themselves indicate a view on the company’s prospects.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-26$50.90/sh−1,500$76,351→ 53,759 total
- 8,977.164(indirect: See Footnote)
Common Stock
[F3]
Footnotes (3)
- [F1]Transaction made pursuant to a Rule 10b5-1 trading plan established by the reporting person on March 27, 2026. As previously disclosed, Mr. Anderson retired from his position as CEO of NW Holdings and NW Natural, effective April 1, 2025. At the time the 10b5-1 Plan was established, Mr. Anderson held more than 7 times the $450,000 stock ownership requirements for non-management directors. This trading arrangement allows Mr. Anderson to periodically sell a portion of his NW Holdings common stock to diversify his holdings in connection with his retirement.
- [F2]This transaction was executed in multiple trades on reported date with prices ranging from $50.78 to $51.15, resulting in a weighted average price of $50.9006. Northwest Natural Holding Company (Issuer) will provide upon request by the Commission staff or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
- [F3]Shares have been credited to reporting person's account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives.