O'GRADY NICHOLAS L. 4

What Happened Nicholas L. O'Grady, CEO and director of Northern Oil & Gas (NOG), was granted 52,391 restricted shares under the company's 2018 Equity Incentive Plan on 2026-03-16 (transaction code A). To satisfy taxes due upon vesting, 25,053 of those shares were surrendered (transaction code F) at a per-share valuation of $27.51, resulting in roughly $689,208 withheld.

Key Details

• Transaction dates: 2026-03-16 (award and share surrender).
• Award: 52,391 restricted shares (per footnote: granted under the 2018 Equity Incentive Plan).
• Tax withholding: 25,053 shares surrendered at $27.51 per share (value ≈ $689,208); $27.51 reflects the last closing price before the surrender (footnote F3).
• Shares owned after transaction: not disclosed in the filing.
• Filing: Form 4 filed 2026-03-18 — reported within the typical two-business-day SEC window (timely).
• Transaction codes: A = award/grant, F = shares surrendered to pay tax withholding.

Context This was an equity award (restricted stock vesting) with a routine share surrender to cover tax obligations — effectively a cashless withholding, not an open-market sale. Such tax-withholding surrenders are common and do not necessarily indicate the insider’s intent to buy or sell additional stock.