Allen Chad W 4

What Happened Chad W. Allen, Chief Financial Officer of Northern Oil & Gas, received a grant of 13,850 restricted shares on March 16, 2026 (code A — award/grant). On the same date he surrendered 6,069 shares to satisfy tax withholding obligations (code F), which were valued at $27.51 per share for a total of $166,958. The restricted shares were granted without cash payment; using the $27.51 closing price referenced in the filing, the 13,850-share grant would be worth roughly $381,000 at that price.

Key Details

• Transaction date: 2026-03-16; Form filed 2026-03-18.
• Grant: 13,850 restricted shares (code A) acquired for $0 (restricted stock award under the 2018 Equity Incentive Plan).
• Tax withholding: 6,069 shares surrendered (code F) at $27.51 = $166,958 (shares withheld to cover taxes upon vesting).
• Footnotes: F1—award under 2018 Equity Incentive Plan; F2—surrender to pay taxes; F3—$27.51 reflects the last closing price used for the share surrender valuation.
• Shares owned after the transaction are not specified in the excerpt of the filing.
• No late filing is indicated in this filing.

Context This was a restricted stock grant with a routine tax-withholding share surrender, not an open-market sale. Surrendering shares to pay taxes is common and does not necessarily signal the insider’s sentiment about the stock. The award increases the insider’s equity stake on a vesting basis, while the surrendered shares simply satisfy withholding obligations.