David Hugo Anderson - Apr 21, 2025 Form 4 Insider Report for Northwest Natural Holding Co (NWN)

Role
Director
Signature
Molly J. Wilcox, Attorney-in-Fact
Stock symbol
NWN
Transactions as of
Apr 21, 2025
Transactions value $
-$322,505
Form type
4
Date filed
4/23/2025, 04:47 PM
Previous filing
Apr 3, 2025
Next filing
May 23, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWN Common Stock Sale -$323K -7.5K -6.39% $43.00 110K Apr 21, 2025 Direct F1, F2
holding NWN Common Stock 10.3K Apr 21, 2025 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a Rule 10b5-1 trading plan established by the reporting person on September 16, 2024. 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 8 times his annual salary in NW Holdings' stock; an amount greater than required by the NW Holdings' stock ownership requirements. 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. As of the date of this filing, Mr. Anderson holds the following shares that are not subject to his trading arrangement: 47,210 shares of which 10,256 are held in Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Officers and 36,954 are held in his trust.
F2 This transaction was executed in multiple trades on reported date with prices ranging from $42.77 to $43.25, resulting in a weighted average price of $43.0007. 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.