| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NWN | Common Stock | Sale | -$649K | -15.5K | -10.04% | $42.01 | 138K | Mar 3, 2025 | Direct | F1, F2 |
| holding | NWN | Common Stock | 10.3K | Mar 3, 2025 | See Footnote | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 has announced his intention to retire from his position as CEO, 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 NW Holdings' stock ownership requirements. This trading arrangement allows Mr. Anderson to periodically sell a portion of his NW Holdings stock to diversify his holdings in connection with his retirement. As of March 3, 2025, Mr. Anderson holds 58,118 shares not subject to his trading arrangement of which 10,256 are held in NW Natural's Deferred Compensation Plan, 22,314 are held in his trust, and 25,548 are credited to his joint tenant account as a result of the satisfaction of performance conditions under RSU and performance share awards as reported on his Form 4 filed February 28, 2025. |
| F2 | This transaction was executed in multiple trades on reported date with prices ranging from $42.00 to $42.05, resulting in a weighted average price of $42.0051. 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. |