No meaningful insider selling signal here — the small open-market trades are dwarfed by routine tax withholding activity. Traders should ignore this cluster as noise.
Price Chart
Executive Summary
A cluster of insider transactions at Northwest Natural Holding Co (NWN) over a single day includes minimal open-market selling and significant tax withholding events, where insiders surrendered shares to cover tax obligations. The open-market sales total only $62, while tax-related share surrenders amount to $270,609 — a routine administrative activity, not a signal of sentiment.
Key Financial Metrics
Key Facts
- Two executives executed open-market sales totaling $61.88 on 2026-03-05.
- Five insiders had tax withholding transactions totaling $270,609 in shares surrendered.
- All transactions occurred on the same day (2026-03-05), consistent with payroll or vesting tax events.
- Open-market sales represent less than 0.000003% of NWN's $2.2B market cap — negligible in scale.
Financial Impact
Total economic impact of $270,671, with $61.88 from open-market selling and $270,609 from non-cash tax withholding.
Risk Factors
- Misinterpretation of tax withholding events as insider selling pressure.
- Overreaction to multi-insider activity without considering transaction type.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (7 trades, 7d window) | cluster-NWN-1773091248079 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 144 | $47.96 $48.89 | ▲ +1.94% | ▲ +1.60% | $49.99 (+4.23%) |
Jun 26, 2026 17w ago | 144 | $50.83 $49.98 | ▲ +1.67% | ▲ +3.32% | $49.99 (+1.65%) |
May 7, 2026 24w ago | Insider Cluster | $49.94 $49.96 | ▲ +0.04% | ▼ −0.19% | $49.99 (+0.09%) |
Mar 24, 2026 30w ago | 8-K | $51.77 $52.47 | ▲ +1.36% | ▲ +0.80% | $49.99 (−3.43%) |
Mar 5, 2026 33w ago | Insider Cluster | $51.58 $52.10 | ▲ +1.01% | ▲ +2.33% | $49.99 (−3.08%) |
Mar 5, 2026 33w ago | Insider Cluster | $51.58 $52.10 | ▲ +1.01% | ▲ +2.33% | $49.99 (−3.08%) |
Mar 5, 2026 33w ago | Insider Cluster | $51.58 $52.10 | ▲ +1.01% | ▲ +2.33% | $49.99 (−3.08%) |
Feb 27, 2026 34w ago | 8-K | $52.55 $52.59 | ▲ +0.08% | ▲ +0.02% | $49.99 (−4.87%) |
US Market Status
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