David Hugo Anderson - 02 Jan 2026 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role: Director
Signature: J. P. Baetzhold, Attorney in Fact
Issuer symbol: NFG
Transactions as of: 02 Jan 2026
Net transactions value: +$53,016
Form type: 4
Filing time: 06 Jan 2026, 15:08:04 UTC
Previous filing: 18 Nov 2025
Next filing: 20 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
ANDERSON DAVID HUGO	Director	1870 TWIN POINTS RD, LAKE OSWEGO	J. P. Baetzhold, Attorney in Fact	06 Jan 2026	0001241405

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NFG	Common Stock	Other	$172	+2	+0.93%	$86.22	218	15 Oct 2025	By Anderson Family Trust	F1
holding	NFG	Common Stock						5,173	02 Jan 2026	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NFG	Deferred Stock Units	Other	$9,052	+105	+0.61%	$86.21	17,436	15 Oct 2025	Common Stock	105		Direct	F2, F3
transaction	NFG	Deferred Stock Units	Award	$43,791	+541	+3.1%	$80.94	17,977	02 Jan 2026	Common Stock	541		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Acquired through dividend reinvestment plan, exempt under Rule 16a-11.
F2	Acquired through dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers, exempt under Rule 16a-11.
F3	Each deferred stock unit is the economic equivalent of one share of common stock. The deferred stock units become payable, in shares of common stock, after the reporting person's termination of service as a director, pursuant to the reporting person's distribution election under the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers.
F4	Acquired through quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan, and deferred pursuant to the reporting person's election under the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers.