Justin I. Loweth - 04 Dec 2025 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Signature
J. P. Baetzhold, Attorney in Fact
Issuer symbol
NFG
Transactions as of
04 Dec 2025
Transactions value $
-$713,651
Form type
4
Filing time
08 Dec 2025, 15:46:39 UTC
Previous filing
03 Dec 2025
Next filing
09 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Loweth Justin I Pres - Seneca Resources 1201 LOUISIANA ST, SUITE 2600, HOUSTON J. P. Baetzhold, Attorney in Fact 08 Dec 2025 0001858812

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Award $0 +8.48K +15.1% $0.00 64.7K 04 Dec 2025 Direct
transaction NFG Common Stock Tax liability -$274K -3.34K -5.16% $82.01 61.3K 04 Dec 2025 Direct F1
transaction NFG Common Stock Award $0 +13.6K +22.23% $0.00 75K 04 Dec 2025 Direct
transaction NFG Common Stock Tax liability -$440K -5.36K -7.16% $82.01 69.6K 04 Dec 2025 Direct F2
holding NFG Common Stock 11.2K 04 Dec 2025 401K Trust F3
holding NFG Common Stock 225 04 Dec 2025 Held by Spouse
holding NFG Common Stock 300 04 Dec 2025 Held by Son
holding NFG Common Stock 200 04 Dec 2025 Held by Daughter

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 Restricted Stock Units Award $0 +11.7K $0.00 11.7K 04 Dec 2025 Common Stock 11.7K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 4, 2025, the reporting person had 3,338 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.
F2 On December 4, 2025, the reporting person had 5,364 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 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 4, 2025, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F4 Each restricted stock unit represents a contingent right to receive one share of NFG common stock.
F5 On December 4, 2025, the reporting person was granted 11,715 restricted stock units, vesting as follows: 3,905 on December 4, 2026, 3,905 on December 4, 2027, and 3,905 on December 4, 2028.