BAUMANN BARBARA M 4

What Happened
Barbara M. Baumann, a director of National Fuel Gas Co. (NFG), was granted 469 shares on 2026-04-01 at an implicit price of $93.29 per share, a total value of $43,753. This was an equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-04-01; 469 shares @ $93.29 each (total ~$43,753).
• Transaction type: A = award/grant (quarterly director equity grant).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnote: F1 — shares were acquired through the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan (quarterly grant).
• Filing timeliness: Report covers 2026-04-01 and was filed 2026-04-02 (timely).

Context
Grants to non-employee directors are routine compensation and commonly issued under a standing equity plan; they are generally administrative and do not necessarily signal the director's market view. This transaction reflects a scheduled director equity award rather than a market purchase or sale.