Martin A. Krebs - 25 Aug 2025 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role
Chief Information Officer
Signature
J. P. Baetzhold, Attorney in Fact
Issuer symbol
NFG
Transactions as of
25 Aug 2025
Net transactions value
-$173,815
Form type
4
Filing time
12 Sep 2025, 15:04:48 UTC
Previous filing
09 Dec 2024
Next filing
03 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Krebs Martin A Chief Information Officer 6363 MAIN STREET, WILLIAMSVILLE J. P. Baetzhold, Attorney in Fact 12 Sep 2025 0001781298

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $208,933 -2,409 -100% $86.73 0 25 Aug 2025 401K Trust F1
transaction NFG Common Stock Other $2,053 +31 +0.78% $66.23 4,008 15 Jan 2025 Direct F3
transaction NFG Common Stock Other $2,033 +26 +0.65% $78.18 4,034 15 Apr 2025 Direct F3
transaction NFG Common Stock Other $2,144 +24 +0.59% $89.33 4,058 15 Jul 2025 Direct F3
transaction NFG Common Stock Award $0 +490 +12% $0.000000 4,548 10 Sep 2025 Direct
transaction NFG Common Stock Disposed to Issuer -490 -11% 4,058 10 Sep 2025 Direct F4
holding NFG Common Stock 20 25 Aug 2025 401K Trust F2

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 $9,422 +142 +0.78% $66.35 18,457 15 Jan 2025 Common Stock 142 Direct F5, F6, F7
transaction NFG Deferred Stock Units Other $9,518 +122 +0.66% $78.02 18,579 15 Apr 2025 Common Stock 122 Direct F5, F6, F7
transaction NFG Deferred Stock Units Other $9,948 +112 +0.6% $88.82 18,691 15 Jul 2025 Common Stock 112 Direct F5, F6, F7
transaction NFG Deferred Stock Units Award +490 +2.6% 19,181 10 Sep 2025 Common Stock 490 Direct F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 transfer out of the NFG stock fund as of August 25, 2025, divided by the closing price of NFG common stock on that date.
F2 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 September 10, 2025, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F3 Acquired through dividend reinvestment plan, exempt under Rule 16a-11.
F4 In connection with the vesting on September 10, 2025 of performance shares previously granted to the reporting person, the reporting person's receipt of 490 shares of common stock was deferred, resulting in the reporting person's receipt instead of 490 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 490 shares of common stock in exchange for an equal number of deferred stock units.
F5 Acquired through dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers, exempt under Rule 16a-11.
F6 Each deferred stock unit is the economic equivalent of one share of common stock.
F7 The deferred stock units become payable, in shares of common stock, after the reporting person's termination of service, pursuant to the reporting person's distribution election under National Fuel Gas Company's Deferred Compensation Plan for Directors and Officers.

Remarks:

Exhibit List -Exhibit 24 - Power of Attorney