Key facts
- This page summarizes David P. Bauer's Form 4 filing for NATIONAL FUEL GAS CO (NFG).
- 10 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 09 Dec 2025, 15:47.
David P. Bauer - 05 Dec 2025 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- NFG
- Reported as of
- 05 Dec 2025
- Net transaction value
- -$51,754
- SEC form
- 4
- Accepted by SEC
- 09 Dec 2025, 15:47:48 UTC
- Prior SEC filing
- 08 Dec 2025
- Source filing
- View source filing
- Reporting owner signature
- J. P. Baetzhold, Attorney in Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
David P. Bauer filed Form 4 for NATIONAL FUEL GAS CO (NFG) on 09 Dec 2025.
Change
- Previous filing in this sequence was filed on 08 Dec 2025.
- Current net transaction value: -$51,754.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001495829
Primary reporting owner
Bauer David P
- Relationship
- President and CEO, Director
- Address
- 6363 MAIN STREET, WILLIAMSVILLE
- Signature
- J. P. Baetzhold, Attorney in Fact
- Signature date
- 09 Dec 2025
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NFG
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +8,025
- Change %
- +11%
- Price
- Shares after
- 80,072
- Date
- 05 Dec 2025
- Ownership
- Direct
- Footnotes
- F1
NFG
transaction
Common Stock
Tax liability
- Transaction value
- $23,450
- Shares
- -285
- Change %
- -0.36%
- Price
- $82.28
- Shares after
- 79,787
- Date
- 05 Dec 2025
- Ownership
- Direct
- Footnotes
- F2
NFG
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -7,740
- Change %
- -9.7%
- Price
- Shares after
- 72,047
- Date
- 05 Dec 2025
- Ownership
- Direct
- Footnotes
- F3
NFG
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +9,687
- Change %
- +13%
- Price
- Shares after
- 81,734
- Date
- 06 Dec 2025
- Ownership
- Direct
- Footnotes
- F1
NFG
transaction
Common Stock
Tax liability
- Transaction value
- $28,304
- Shares
- -344
- Change %
- -0.42%
- Price
- $82.28
- Shares after
- 81,390
- Date
- 06 Dec 2025
- Ownership
- Direct
- Footnotes
- F4
NFG
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -9,343
- Change %
- -11%
- Price
- Shares after
- 72,047
- Date
- 06 Dec 2025
- Ownership
- Direct
- Footnotes
- F5
NFG
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 15,268
- Date
- 05 Dec 2025
- Ownership
- 401K Trust
- Footnotes
- F6
NFG
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,128
- Date
- 05 Dec 2025
- Ownership
- Held by daughter
NFG
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,128
- Date
- 05 Dec 2025
- Ownership
- Held by daughter
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NFG
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -8,025
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 16,051
- Date
- 05 Dec 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 8,025
- Exercise price
- Footnotes
- F1, F7
NFG
transaction
Derivative
Deferred Stock Units
Award
- Transaction value
- Shares
- +7,740
- Change %
- +3%
- Price
- Shares after
- 268,632
- Date
- 05 Dec 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 7,740
- Exercise price
- Footnotes
- F3, F8, F9
NFG
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -9,687
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 9,687
- Date
- 06 Dec 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 9,687
- Exercise price
- Footnotes
- F1, F10
NFG
transaction
Derivative
Deferred Stock Units
Award
- Transaction value
- Shares
- +9,343
- Change %
- +3.5%
- Price
- Shares after
- 277,975
- Date
- 06 Dec 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 9,343
- Exercise price
- Footnotes
- F5, F8, F9
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 10 footnotes
Footnote F1
Restricted stock units convert into common stock on a one-for-one basis.
Footnote F10
On December 6, 2023, the reporting person was granted 29,061 restricted stock units, vesting as follows: 9,687 on December 6, 2024, 9,687 on December 6, 2025, and 9,687 on December 6, 2026.
Footnote F2
On December 5, 2025, the reporting person had 285 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.
Footnote F3
In connection with the vesting on December 5, 2025 of restricted stock units previously granted to the reporting person, the reporting person's receipt of 7,740 shares of common stock was deferred, resulting in the reporting person's receipt instead of 7,740 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 7,740 shares of common stock in exchange for an equal number of deferred stock units.
Footnote F4
On December 6, 2025, the reporting person had 344 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.
Footnote F5
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 9,343 shares of common stock was deferred, resulting in the reporting person's receipt instead of 9,343 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 9,343 shares of common stock in exchange for an equal number of deferred stock units.
Footnote F6
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.
Footnote F7
On December 5, 2024, the reporting person was granted 24,076 restricted stock units, vesting as follows: 8,025 on December 5, 2025, 8,025 on December 5, 2026, and 8,026 on December 5, 2027.
Footnote F8
Each deferred stock unit is the economic equivalent of one share of common stock.
Footnote 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.