Early Access — free while we kick the tires
EdgarHawk

NWN Northwest Natural Holding Co Insider Trading

Latest: President & CEO Bought $60K of Shares · May 2026

Northwest Natural Holding Co (NWN)'s reported leadership includes CEO Justin B. Palfreyman. Its Form 4 history breaks down as 2 buys and 1 sell, filed by 3 distinct insiders through May 2026. Its highest-significance filing in the last 90 days: President & CEO Palfreyman Justin bought $60K, transaction dated May 2026.

3 filings analyzed · Latest 2026-05-13

Get alerts for NWN

Free Form 4 email alerts, scored for significance — see how.

Buys
2
Sells
1
Insiders
3
Direction
Net buying

Northwest Natural Holding Co leadership

CEO
Justin B. Palfreyman — Chief Executive Officer
CFO
Raymond Kaszuba Iii — Chief Financial Officer
General Counsel
Megan H. Berge — Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary
Chair
Malia H. Wasson — Chair of the Board

Historically, medium-priority insider buys have outperformed the S&P 500 by a median ~1% over the 30 days after the trade — the edge is concentrated in that first month (n ≈ 7,162, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-13
medium
400 shares
$20,128
@ $50.32
Significance 6

Director Bragdon buys 400 NWN shares at $50.32; doubles holdings to 800 shares as stock down 8.9% in 30 days

Director Peter J Bragdon purchased 400 shares of Northwest Natural Holding Co at $50.32, exactly doubling his prior holdings from 400 to 800 shares. The purchase occurred when the stock was trading 11.2% below its 52-week high of $55.99 and down 8.9% over the prior 30 days, creating a near-term drawdown context. Bragdon's cross-ticker track record shows 2 prior open-market buys with a 100.00% 90-day win rate and positive average returns, suggesting consistent execution in buy decisions historically. However, this pattern provides no direct evidence about timing or outcome specific to Northwest Natural, where no prior measured buy-and-hold history is documented in the FACTS. The transaction increased his NWN exposure materially while the company reports solid fundamentals: $490.4M quarterly revenue, $97.5M net income, and 11.8% annual revenue growth.

2026-05-07
high
President & CEO
1,225 shares
$59,719
@ $48.75
Significance 7

NWN CEO Palfreyman buys 1,225 shares at market price as stock trades well below recent highs.

Justin Palfreyman, the President and CEO of Northwest Natural Holding Co, purchased shares in his company on the open market—a meaningful signal when it comes from the top executive suite. The purchase occurred at a time when the stock had retreated meaningfully from its highs, suggesting Palfreyman sees value at the current level rather than chasing strength. This is particularly noteworthy given that his company is profitable, growing revenue, and trading at a reasonable valuation multiple; he is buying a fundamentally sound business when the market has temporarily marked it down. As the company's chief executive officer, Palfreyman has intimate knowledge of operations, strategy, and near-term prospects—his willingness to deploy personal capital is the strongest form of insider conviction available. This type of executive-level commitment to owning more shares of the company he leads merits close investor attention.

March 2025
2025-03-05 10b5-1 Plan
medium
15,452 shares
$649,063
@ $42.01
Significance 5

CEO David Hugo Anderson sells 15,452 shares of NWN at $42.01; stock trading near 52-week highs but company posted $27.2M quarterly loss

CEO David Hugo Anderson sold 15,452 shares (15.5K shares) at $42.01 on 2025-03-03, reducing his holdings by 10.0% to 138,378 shares. The sale occurred at $42.01, only 0.8% below the 52-week high of $43.85, and the stock is trading at $41.66 currently, down 5.0% from that peak. The timing coincides with material operational stress: the latest quarter showed revenue of $136,934,000.00 but net income of $-27,167,000.00, with full-year revenue down 3.7% year-over-year. A P/E of 26.37 suggests the market is pricing in near-term recovery despite negative recent earnings. The sale's execution near cycle highs, paired with deteriorating quarterly profitability, merits scrutiny of whether CEO liquidity management reflects confidence in the recovery narrative embedded in the current valuation.

Insiders here also file at

More Electric, Gas and Sanitary Services companies