National Fuel Gas (NFG) director reports deferred stock unit grant and dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Fuel Gas Company director David Hugo Anderson reported routine equity compensation and dividend reinvestment activity. He received a grant of 564 Deferred Stock Units at $77.63 per unit, increasing his deferred stock unit balance to 19,233 units, each economically equivalent to one share of common stock.
The filing also records shares and units acquired through dividend reinvestment plans that are exempt under Rule 16a-11, including 108 Deferred Stock Units and 2 shares of common stock. Following these transactions, Anderson holds 5,173 shares of common stock directly and 221 shares indirectly through the Anderson Family Trust, in addition to his deferred stock units, which will be paid in common shares after his service as a director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
ANDERSON DAVID HUGO
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 564 | $77.63 | $44K |
| holding | Common Stock | -- | -- | -- |
| Other | Deferred Stock Units | 108 | $89.49 | $10K |
| Other | Common Stock | 2 | $89.708 | $179.42 |
Holdings After Transaction:
Deferred Stock Units — 19,233 shares (Direct);
Common Stock — 5,173 shares (Direct);
Common Stock — 221 shares (Indirect, By Anderson Family Trust)
Footnotes (1)
- Acquired through dividend reinvestment plan, exempt under Rule 16a-11. Acquired through dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers, exempt under Rule 16a-11. Each deferred stock unit is the economic equivalent of one share of common stock. The deferred stock units become payable, in shares of common stock, after the reporting person's termination of service as a director, pursuant to the reporting person's distribution election under the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers. Acquired through quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan, and deferred pursuant to the reporting person's election under the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers.
Key Figures
Deferred Stock Unit grant: 564 units at $77.63
Deferred Stock Units after grant: 19,233 units
Direct common stock holding: 5,173 shares
+3 more
6 metrics
Deferred Stock Unit grant
564 units at $77.63
Grant of Deferred Stock Units to director
Deferred Stock Units after grant
19,233 units
Total Deferred Stock Units following 564-unit grant
Direct common stock holding
5,173 shares
Common Stock held directly after reported activity
Indirect common stock holding
221 shares
Common Stock held indirectly via Anderson Family Trust
Other DSU transaction
108 units at $89.49
Deferred Stock Units from other transaction code J
Trust common stock transaction
2 shares at $89.708
Common Stock held by Anderson Family Trust under code J
Key Terms
Deferred Stock Units, dividend reinvestment plan, Rule 16a-11, National Fuel Gas Company Deferred Compensation Plan for Directors and Officers, +1 more
5 terms
Deferred Stock Units financial
"The filing reports grants and acquisitions of Deferred Stock Units linked to common stock."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend reinvestment plan financial
"Acquired through dividend reinvestment plan, exempt under Rule 16a-11."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Rule 16a-11 regulatory
"Acquired through dividend reinvestment plan, exempt under Rule 16a-11."
National Fuel Gas Company Deferred Compensation Plan for Directors and Officers financial
"Units were acquired or deferred under the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers."
National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan financial
"Acquired through quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan."
FAQ
What did NFG director David Hugo Anderson report in this Form 4 filing?
David Hugo Anderson reported routine equity-related activity, including a grant of Deferred Stock Units and additional shares from dividend reinvestment plans. These are compensation and reinvestment transactions, not open-market stock purchases or sales.
How many Deferred Stock Units does David Hugo Anderson hold at National Fuel Gas (NFG)?
After the reported transactions, David Hugo Anderson holds 19,233 Deferred Stock Units. Each unit is the economic equivalent of one share of common stock and will be settled in shares after his service as a director ends.
Were there any open-market buys or sells by David Hugo Anderson in this NFG Form 4?
No open-market buys or sells were reported. The Form 4 shows a grant of Deferred Stock Units and additional units and shares acquired through dividend reinvestment and compensation plans, which are routine and exempt under Rule 16a-11.
What is the value per unit of the new Deferred Stock Units granted to the NFG director?
The new grant to David Hugo Anderson consists of 564 Deferred Stock Units at $77.63 per unit. These units are part of National Fuel Gas’s non-employee director equity compensation and deferred compensation plans.
How are NFG Deferred Stock Units for directors ultimately settled?
Each Deferred Stock Unit is the economic equivalent of one share of National Fuel Gas common stock. Units become payable in shares of common stock after the director’s termination of service, according to the director’s distribution election under the deferred compensation plan.