Donna L. DeCarolis - 05 Dec 2024 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Signature
J. P. Baetzhold, Attorney in Fact
Issuer symbol
NFG
Transactions as of
05 Dec 2024
Net transactions value
-$880,159
Form type
4
Filing time
09 Dec 2024, 18:25:54 UTC
Previous filing
12 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Sale $625,770 -10,000 -11% $62.58 81,519 05 Dec 2024 Direct F1
transaction NFG Common Stock Award $0 +6,723 +8.2% $0.000000 88,242 05 Dec 2024 Direct
transaction NFG Common Stock Tax liability $214,786 -3,433 -3.9% $62.56 84,809 05 Dec 2024 Direct F2
transaction NFG Common Stock Award $0 +1,239 +1.5% $0.000000 86,048 05 Dec 2024 Direct
transaction NFG Common Stock Tax liability $39,604 -633 -0.74% $62.56 85,415 05 Dec 2024 Direct F3
holding NFG Common Stock 25,002 05 Dec 2024 401K Trust F4
holding NFG Common Stock 294 05 Dec 2024 ESOP Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.57 to $62.68. The reporting person undertakes to provide National Fuel Gas Company, any security holder of National Fuel Gas Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F2 On December 5, 2024, the reporting person had 3,433 shares withheld and cancelled in respect of taxes in connection with the vesting of performance shares. These share cancellations are shown on Table I as dispositions (Transaction Code "D" in Column 4), although none of these cancelled shares were sold into the market, as indicated by Transaction Code "F" in Column 3.
F3 On December 5, 2024, the reporting person had 633 shares withheld and cancelled in respect of taxes in connection with the vesting of performance shares. These share cancellations are shown on Table I as dispositions (Transaction Code "D" in Column 4), although none of these cancelled shares were sold into the market, as indicated by Transaction Code "F" in Column 3.
F4 The NFG stock fund under the NFG 401(k) plan is denominated in units, representing ownership interests in a fund that includes both NFG common stock and a reserve of cash. The information reported represents the dollar value of the reporting person's balance in the NFG stock fund as of December 5, 2024, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F5 The NFG employee stock ownership plan is denominated in units, representing ownership interests in a fund that includes both NFG common stock and a reserve of cash. The information reported represents the dollar value of the reporting person's balance in the ESOP as of December 5, 2024, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.