Northwest Natural (NWN) CFO Raymond Kaszuba Withholds 705 Shares

What Happened Raymond J. Kaszuba III, Chief Financial Officer of Northwest Natural Holding Co (NWN), had 705 shares withheld by the company to satisfy tax withholding related to the vesting of time-based restricted stock units. The withholding covered 705 shares at $49.07 per share, a value of $34,594. This was a tax-withholding disposition (Form 4 code F), not an open-market sale.

Key Details

• Transaction date: September 1, 2026; filing date: September 3, 2026 (filed within the typical 2-business-day window).
• Withheld shares: 705 at $49.07 per share; total value $34,594.
• Transaction type: F (shares withheld by issuer to cover withholding taxes on RSU vesting).
• Shares owned after transaction: not specified in the provided details.
• Footnotes:
  • F1: Shares were withheld by the issuer to cover withholding taxes on issuance of shares due to vesting of time-based RSUs on September 1, 2026.
  • F2: Filing notes 2,605 time-based RSUs granted under the issuer’s Long Term Incentive Plan, which vest in one installment on September 1, 2027.

Context This was a routine tax-withholding action tied to RSU vesting and does not represent a discretionary sale or purchase decision by the insider. Such withholdings are common when restricted shares vest; they generally should not be interpreted as a signal of the insider’s view on the company’s stock.