Akradi Bahram 4
Research Summary
AI-generated summary
Northern Oil & Gas (NOG) Director Bahram Akradi Receives Award
What Happened Bahram Akradi, a director of Northern Oil & Gas, was granted 6,336 shares on 2026-06-30 as an award (transaction code A). The award was recorded at $0.00 per share (total reported value $0.00), and was granted pursuant to the issuer’s 2018 Equity Incentive Plan. This is an equity compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Filing date (Form 4): 2026-07-02 (filed within the typical 2-business-day window).
- Transaction type/code: Award/Grant (A).
- Shares granted: 6,336; reported price: $0.00; reported total value: $0.00.
- Shares owned after transaction: Not specified in the supplied filing details.
- Footnote: Stock granted pursuant to the Issuer’s 2018 Equity Incentive Plan.
- No indication in the filing of a 10b5-1 plan, tax withholding, or immediate sale.
Context Equity awards under a company incentive plan are typically compensation for service (directors, executives) and do not by themselves signal a buy or sell intent in the market. Vesting schedule or transfer restrictions (if any) were not disclosed in the provided filing.