Evans James B. 4
4 · NORTHERN OIL & GAS, INC. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Northern Oil & Gas (NOG) CTO James B. Evans Receives Restricted Stock Award
What Happened James B. Evans, Chief Technical Officer of Northern Oil & Gas (NOG), was granted 12,044 restricted shares on 2026-03-16 under the company's 2018 Equity Incentive Plan. Simultaneously, 5,672 shares were surrendered to cover taxes withholding related to the vesting of those restricted shares; the surrendered shares were valued at $27.51 each, totaling $156,037.
Key Details
- Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (timely filing).
- Award: 12,044 restricted shares granted (code A) at $0.00 acquisition price.
- Tax withholding: 5,672 shares surrendered (code F) at $27.51 per share = $156,037.
- Footnotes: F1 = grant under 2018 Equity Incentive Plan; F2 = shares surrendered to pay taxes on vesting; F3 = $27.51 equals the last closing price used to value surrendered shares.
- Shares owned after the transaction: not disclosed in the filing.
Context This was a compensation-related restricted stock grant, not an open-market purchase — the grant increases equity compensation, while the surrendered shares reflect a routine tax-withholding arrangement (a cashless-like surrender) rather than a discretionary sale for cash. Such withholdings are common on vesting and do not by themselves signal the insider's view of the stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-16+12,044→ 83,851 total - Tax Payment
Common Stock
[F2][F3]2026-03-16$27.51/sh−5,672$156,037→ 78,179 total
Footnotes (3)
- [F1]Restricted stock granted pursuant to the Issuer's 2018 Equity Incentive Plan.
- [F2]Surrender of shares to pay taxes payable upon vesting of restricted stock.
- [F3]Reflects the last closing price of the company's common stock on or before the date the shares were surrendered.