Nicholas L. O'Grady - 04 Apr 2024 Form 4 Insider Report for NORTHERN OIL & GAS, INC. (NOG)

Role
CEO
Signature
/s/ Stephanie L. Horton as attorney-in-fact
Issuer symbol
NOG
Transactions as of
04 Apr 2024
Net transactions value
-$153,656
Form type
4
Filing time
04 Apr 2024, 16:18:55 UTC
Previous filing
19 Mar 2024
Next filing
09 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction N O G Common Stock Sale $153,656 -3,750 -1.6% $40.98 228,082 04 Apr 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on June 21, 2023.
F2 Reflects the weighted average price of 3,750 shares sold in multiple transactions on April 4, 2024 at prices ranging from $40.94 to $41.015.