National Fuel Gas (NFG) director adds deferred stock units and shares
Rhea-AI Filing Summary
National Fuel Gas Company director David C. Carroll reported routine equity-related transactions. On April 1, 2026, he received a grant of 469 Deferred Stock Units at $93.29 each, increasing his deferred stock unit holdings to 18,561 units.
Footnotes state these deferred stock units each equal one share of common stock and will be paid in common shares after his service as a director ends, under the company’s deferred compensation plan. Earlier, on January 15, 2026, he had “other” transactions involving 115 Deferred Stock Units at $81.29 and 198 shares of Common Stock at $81.825, acquired through dividend reinvestment and plan features. His direct common stock holdings were 30,622 shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Carroll David C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 469 | $93.29 | $44K |
| Other | Deferred Stock Units | 115 | $81.29 | $9K |
| Other | Common Stock | 198 | $81.825 | $16K |
Holdings After Transaction:
Deferred Stock Units — 18,561 shares (Direct);
Common Stock — 30,622 shares (Direct)
Footnotes (4)
- F1. Acquired through dividend reinvestment plan, exempt under Rule 16a-11.
- F2. Acquired through dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers, exempt under Rule 16a-11.
- F3. 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.
- F4. 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: 469 units at $93.29
Deferred units held: 18,561 units
Deferred units restructuring: 115 units at $81.29
+3 more
6 metrics
Deferred stock unit grant
469 units at $93.29
Grant on April 1, 2026
Deferred units held
18,561 units
Deferred stock units after April 1, 2026 grant
Deferred units restructuring
115 units at $81.29
Other transaction on January 15, 2026
Common stock transaction
198 shares at $81.825
Other transaction on January 15, 2026
Common shares held
30,622 shares
Direct common stock holdings after January 15, 2026
Restructuring shares total
313 shares/units
Total shares and units in J-code restructuring transactions
Key Terms
Deferred Stock Units, dividend reinvestment plan, Rule 16a-11, Deferred Compensation Plan for Directors and Officers, +1 more
5 terms
Deferred Stock Units financial
"Each deferred stock unit is the economic equivalent of one share of 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 financial
"Acquired through dividend reinvestment plan, exempt under Rule 16a-11."
Deferred Compensation Plan for Directors and Officers financial
"feature of the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers"
Non-Employee Director Equity Compensation Plan financial
"quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan"
FAQ
What insider transactions did NFG director David C. Carroll report on this Form 4?
David C. Carroll reported a grant of 469 Deferred Stock Units on April 1, 2026, plus January 15, 2026 transactions involving 115 Deferred Stock Units and 198 shares of Common Stock, largely tied to dividend reinvestment and company compensation plans.
How many National Fuel Gas (NFG) deferred stock units does David C. Carroll hold after these transactions?
After the April 1, 2026 grant, David C. Carroll holds 18,561 Deferred Stock Units. Each unit is economically equivalent to one share of common stock and will be settled in common shares after his board service ends, based on his distribution elections.
Were the NFG insider transactions open-market buys or sells by David C. Carroll?
The filing shows no open‑market buys or sells. It reports a grant of 469 Deferred Stock Units and “other” transactions acquired through dividend reinvestment plans and compensation arrangements, which are described as exempt under Rule 16a‑11 rather than discretionary market trades.
What are Deferred Stock Units in the context of National Fuel Gas (NFG)?
Deferred Stock Units are instruments economically equivalent to one share of National Fuel Gas common stock. According to the filing, they are payable in common shares after the director’s termination of service, under the company’s Deferred Compensation Plan for Directors and Officers.
AI-generated analysis. How Rhea-AI works. Not financial advice.
