ANDERSON DAVID HUGO 4

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.