David C. Carroll - 01 Apr 2025 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: 01 Apr 2025
Net transactions value: +$66,551
Form type: 4
Filing time: 03 Apr 2025, 16:06:34 UTC
Previous filing: 03 Jan 2025
Next filing: 03 Jul 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NFG	Common Stock	Other	$15,232	+230	+0.78%	$66.23	29,862	15 Jan 2025	Direct	F1

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	$7,564	+114	+0.74%	$66.35	15,589	15 Jan 2025	Common Stock	114		Direct	F2, F3
transaction	NFG	Deferred Stock Units	Award	$43,754	+552	+3.5%	$79.26	16,141	01 Apr 2025	Common Stock	552		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.