4Filed Jul 20, 8:00 PM ET

Northwest Natural (NWN) Director David Anderson Sells 1,500 Shares

$NWN · Northwest Natural Holding Co

Research Summary

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Updated

Northwest Natural (NWN) Director David Anderson Sells 1,500 Shares

What Happened

  • David Hugo Anderson, a director of Northwest Natural Holding Co. (NWN), sold 1,500 shares on July 20, 2026 in an open-market/private sale for a total of $76,775. The weighted average price was $51.1834 (trade prices ranged $51.01–$51.46).
  • The sale was executed under a Rule 10b5-1 trading plan established March 27, 2026. Shares were credited to the reporting person’s account under the company’s Deferred Compensation Plan for Directors and Executives.

Key Details

  • Transaction date: 2026-07-20; filing date: 2026-07-21 (timely filed).
  • Shares sold: 1,500; weighted average price: $51.1834; total proceeds: $76,775.
  • Price range across multiple trades: $51.01 to $51.46. Issuer can provide per-trade quantities on request.
  • Footnotes: 10b5-1 plan set up 03/27/2026; Anderson retired as CEO effective 04/01/2025 and had substantially exceeded the $450,000 stock ownership requirement when the plan was established.
  • Shares owned after the transaction: not reported in the Form 4.

Context

  • This was a sale executed under a pre-established 10b5-1 plan to periodically sell shares—commonly used for diversification and to avoid timing issues—not an ad hoc insider trade. Sales do not necessarily indicate a change in company outlook; purchases are typically a stronger signal of insider bullishness.