Joseph Del Vecchio - 05 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
05 Dec 2025
Transactions value $
-$49,368
Form type
4
Filing time
09 Dec 2025, 15:52:48 UTC
Previous filing
08 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Del Vecchio Joseph N President, NFG Supply Corp. 6363 MAIN STREET, WILLIAMSVILLE J. P. Baetzhold, Attorney in Fact 09 Dec 2025 0002055888

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Options Exercise +1.12K +7.23% 16.6K 05 Dec 2025 Direct F1
transaction NFG Common Stock Tax liability -$47.1K -572 -3.45% $82.28 16K 05 Dec 2025 Direct F2
transaction NFG Common Stock Options Exercise +788 +4.92% 16.8K 06 Dec 2025 Direct F1
transaction NFG Common Stock Tax liability -$2.3K -28 -0.17% $82.28 16.8K 06 Dec 2025 Direct F3
transaction NFG Common Stock Disposed to Issuer -760 -4.53% 16K 06 Dec 2025 Direct F4
holding NFG Common Stock 14.5K 05 Dec 2025 401K Trust F5

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 Options Exercise $0 -1.12K -33.31% $0.00 2.24K 05 Dec 2025 Common Stock 1.12K Direct F1, F6
transaction NFG Restricted Stock Units Options Exercise $0 -788 -49.97% $0.00 789 06 Dec 2025 Common Stock 788 Direct F1, F7
transaction NFG Deferred Stock Units Award +760 +4.23% 18.7K 06 Dec 2025 Common Stock 760 Direct F4, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On December 5, 2025, the reporting person had 572 shares withheld and cancelled in respect of taxes in connection with the vesting of restricted stock units. 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 6, 2025, the reporting person had 28 shares withheld and cancelled in respect of taxes in connection with the vesting of restricted stock units. 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 In connection with the vesting on December 6, 2025 of restricted stock units previously granted to the reporting person, the reporting person's receipt of 760 shares of common stock was deferred, resulting in the reporting person's receipt instead of 760 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 760 shares of common stock in exchange for an equal number of deferred stock units.
F5 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, 2025, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F6 On December 5, 2024, the reporting person was granted 3,359 restricted stock units, vesting as follows: 1,119 on December 5, 2025, 1,120 on December 5, 2026, and 1,120 on December 5, 2027.
F7 On December 6, 2023, the reporting person was granted 2,365 restricted stock units, vesting as follows: 788 on December 6, 2024, 788 on December 6, 2025, and 789 on December 6, 2026.
F8 Each deferred stock unit is the economic equivalent of one share of common stock.
F9 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.