NFG (NYSE: NFG) director awarded 469-share quarterly stock grant

Rhea-AI Filing Summary

National Fuel Gas Company director Barbara M. Baumann received an equity grant of 469 shares of Common Stock on April 1, 2026. The shares were acquired through a quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan at a reported price of $93.29 per share.

Following this award, Baumann directly holds a total of 21,759 shares of National Fuel Gas Company common stock, reflecting ongoing stock-based compensation rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BAUMANN BARBARA M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	469	$93.29	$44K

Holdings After Transaction: Common Stock — 21,759 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 469 shares Grant price per share: $93.29 per share Total shares after transaction: 21,759 shares

3 metrics

Shares granted 469 shares Quarterly director equity grant on April 1, 2026

Grant price per share $93.29 per share Value used for the April 1, 2026 stock award

Total shares after transaction 21,759 shares Director’s direct holdings following the grant

Key Terms

quarterly grant, Non-Employee Director Equity Compensation Plan, Form 4

3 terms

quarterly grant financial

"Acquired through quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan"

Non-Employee Director Equity Compensation Plan financial

"under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BAUMANN BARBARA M

(Last) (First) (Middle)

6363 MAIN STREET

(Street)

WILLIAMSVILLE NEW YORK 14221

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NATIONAL FUEL GAS CO [ NFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	04/01/2026		A		469	A	$93.29	21,759	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Acquired through quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan.

Remarks:

	J. P. Baetzhold, Attorney in Fact	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did NFG director Barbara M. Baumann report?

Barbara M. Baumann reported receiving 469 shares of National Fuel Gas Company common stock. The shares were granted as part of a quarterly equity award under the company’s 2009 Non-Employee Director Equity Compensation Plan, rather than purchased in the open market.

At what price was the recent NFG director share grant recorded?

The 469-share grant to director Barbara M. Baumann was recorded at $93.29 per share. This price reflects the value used for the equity award under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan disclosed in the insider transaction.

How many NFG shares does Barbara M. Baumann hold after this grant?

After receiving the 469-share quarterly grant, Barbara M. Baumann directly holds 21,759 shares of National Fuel Gas Company common stock. This total represents her direct ownership position following the reported Form 4 equity compensation transaction.

Was the NFG director transaction an open-market purchase or compensation grant?

The transaction was a compensation-related grant, not an open-market purchase. Barbara M. Baumann acquired 469 shares through a quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan, as described in the filing’s footnote.

What plan governed the recent NFG director stock grant?

The grant was made under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan. This plan provides quarterly equity awards to non-employee directors, such as the 469-share grant reported by Barbara M. Baumann in the Form 4 filing.