ANDERSON DAVID HUGO 4

4 · NATIONAL FUEL GAS CO · Filed Jul 2, 2026

AI-generated summary of this filing

Updated Jul 2, 2026

National Fuel Gas (NFG) Director David H. Anderson Receives Award

What Happened

David H. Anderson, a director of National Fuel Gas Company (NFG), acquired a total of 674 shares (including deferred stock units) in transactions between April 15 and July 1, 2026, with an aggregate value of about $53,627.
- 2 shares acquired on 2026-04-15 at $89.71 each for $179 (direct dividend reinvestment).
- 108 derivative shares acquired on 2026-04-15 at $89.49 each for $9,665 (deferred/dividend reinvestment feature).
- 564 derivative shares granted on 2026-07-01 at $77.63 each for $43,783 (director equity grant deferred per election).
These were acquisitions/awards (not sales). Awards and dividend reinvestments are routine forms of director compensation and deferred compensation.

Key Details

Transaction dates and prices:
- 2026-04-15: 2 shares @ $89.71 (direct dividend reinvestment; coded J)
- 2026-04-15: 108 derivative shares @ $89.49 (deferred dividend reinvestment; coded J)
- 2026-07-01: 564 derivative shares @ $77.63 (quarterly director grant; coded A)
Total acquired: 674 shares; approximate total value: $53,627.
Shares owned after the transactions: not reported in the provided filing details.
Footnotes:
- F1/F2: Some acquisitions were via dividend reinvestment features and are exempt under Rule 16a-11.
- F3: Deferred stock units equal the economic value of one share and are payable in shares after the director’s termination per the deferred compensation plan.
- F4: The 7/1 grant was made under the Non‑Employee Director Equity Compensation Plan and deferred per the director’s election.
Filing timeliness: No late-filing flag indicated in the provided data.

Context

The 108 and 564-share items are deferred stock units (derivative securities) — they represent the economic equivalent of shares and generally are payable in shares after the director leaves service, not immediately tradable. The 2-share item was a standard dividend reinvestment purchase (direct share ownership).
These transactions reflect compensation and reinvestment activity for a director rather than an open-market buy or sale; they are common and typically part of routine director pay arrangements.

Form 4

Period: 2026-07-01

Director

Transactions

Other
Common Stock
[F1]
2026-04-15$89.71/sh+2$179→ 221 total(indirect: By Trust)
Other
Deferred Stock Units
[F2][F3]
2026-04-15$89.49/sh+108$9,665→ 18,669 total
→ Common Stock (108 underlying)
Award
Deferred Stock Units
[F4][F3]
2026-07-01$77.63/sh+564$43,783→ 19,233 total
→ Common Stock (564 underlying)

Holdings

Footnotes (4)

[F1]Acquired through dividend reinvestment plan, exempt under Rule 16a-11.
[F2]Acquired through dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers, exempt under Rule 16a-11.
[F3]Each deferred stock unit is the economic equivalent of one share of common stock. The deferred stock units become payable, in shares of common stock, after the reporting person's termination of service as a director, pursuant to the reporting person's distribution election under the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers.
[F4]Acquired through quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan, and deferred pursuant to the reporting person's election under the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers.

Signature

J. P. Baetzhold, Attorney in Fact|2026-07-02

1 file