National Fuel Gas (NFG) officer details RSU vesting, tax withholding and updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Fuel Gas Company reported equity transactions by its officer who serves as President of NFG Distribution Corp. On December 5, 2025, 600 restricted stock units converted into an equal number of common shares, and 295 shares were withheld and cancelled to cover taxes. On December 6, 2025, a further 722 restricted stock units vested into common shares, with 355 shares withheld and cancelled for taxes.
After these transactions, the officer directly owned 13,847 shares of National Fuel Gas common stock and held additional interests through a 401(k) stock fund and as custodian for a minor child. The filing notes that tax-withheld shares were not sold into the market but were cancelled in connection with the vesting events.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,322 shares exercised/converted
Mixed
8 txns
Insider
Colpoys Michael D
Role
President - NFG Dist. Corp.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 722 | $0.00 | -- |
| Exercise | Common Stock | 722 | $0.00 | -- |
| Tax Withholding | Common Stock | 355 | $82.28 | $29K |
| Exercise | Restricted Stock Units | 600 | $0.00 | -- |
| Exercise | Common Stock | 600 | $0.00 | -- |
| Tax Withholding | Common Stock | 295 | $82.28 | $24K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 722 shares (Direct);
Common Stock — 14,202 shares (Direct);
Common Stock — 14,428 shares (Indirect, 401K Trust)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. On December 5, 2025, the reporting person had 295 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. On December 6, 2025, the reporting person had 355 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. 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. On December 5, 2024, the reporting person was granted 1,801 restricted stock units, vesting as follows: 600 on December 5, 2025, 600 on December 5, 2026, and 601 on December 5, 2027. On December 6, 2023, the reporting person was granted 2,166 restricted stock units, vesting as follows: 722 on December 6, 2024, 722 on December 6, 2025, and 722 on December 6, 2026.
FAQ
What insider transactions did NATIONAL FUEL GAS CO (NFG) report in this filing?
The company reported that an officer had restricted stock units vest on December 5 and 6, 2025, converting into common stock with a portion of the shares withheld and cancelled to cover taxes.
What restricted stock unit grants are associated with the NFG insider’s transactions?
The reported vesting relates to grants of 1,801 RSUs awarded on December 5, 2024 and 2,166 RSUs awarded on December 6, 2023, each vesting in annual installments over three years.
What is the role of the reporting person at NATIONAL FUEL GAS CO (NFG)?
The reporting person is an officer of National Fuel Gas, serving as President of NFG Distribution Corp.
How is the NFG 401(k) stock fund reported for this insider?
The NFG 401(k) stock fund is shown as 14,428 shares indirectly owned, calculated by dividing the dollar value of the officer’s plan balance by the closing price of NFG common stock on December 5, 2025.