secwatch.observer — SEC 8-K summary
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Issuer:     NorthWestern Energy Group, Inc. (NWE)
CIK:        0001993004
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001993004-26-000010
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NorthWestern Energy adopts 2026 STI and LTI plans for executives; references Black Hills merger
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- CEO Brian Bird: 100% STI target, 325% LTI target; CFO Crystal Lail: 75% STI, 150% LTI.
- Performance metrics: net income (55%), safety (15%), reliability (15%), customer satisfaction (15%).
- LTI RSUs vest over 3 years; change of control acceleration excludes pending Black Hills merger.
- Upon merger, RSUs convert to merged company shares; full vesting if termination within 24 months post-merger.
- STI payout by March 15, 2027; pool based on adjusted net income excluding merger costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1993004/000199300426000010/0001993004-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1993004/000199300426000010/nwe-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001993004-26-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer