Rebecca Ranich gains deferred stock units at National Fuel Gas (NFG)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Fuel Gas Company director Rebecca Ranich reported routine equity compensation and dividend reinvestment activity. She received 564 deferred stock units as a grant under the company’s non-employee director equity plan at an equivalent price of $77.63 per unit, which are deferred into the director and officer deferred compensation plan.
Footnotes state additional common shares and deferred stock units were acquired through dividend reinvestment features, exempt under Rule 16a-11. After these transactions, Ranich directly holds 19,233 deferred stock units and 18,025 shares of common stock, indicating ongoing equity-based compensation and reinvestment rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Ranich Rebecca
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 564 | $77.63 | $44K |
| Other | Deferred Stock Units | 108 | $89.49 | $10K |
| Other | Common Stock | 106 | $89.708 | $10K |
Holdings After Transaction:
Deferred Stock Units — 19,233 shares (Direct);
Common Stock — 18,025 shares (Direct)
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 deferred stock units at $77.63
Deferred stock units held: 19,233 units
Common shares through restructuring: 106 shares at $89.708
+2 more
5 metrics
Deferred stock unit grant
564 deferred stock units at $77.63
Quarterly grant under 2009 Non-Employee Director Equity Compensation Plan
Deferred stock units held
19,233 units
Deferred stock units outstanding after July 1, 2026 grant
Common shares through restructuring
106 shares at $89.708
Code J other acquisition or disposition on April 15, 2026
Deferred units through restructuring
108 units at $89.49
Code J other acquisition or disposition on April 15, 2026
Common stock held
18,025 shares
Directly owned common shares after April 15, 2026 transaction
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 regulatory
"Acquired through dividend reinvestment plan, exempt under Rule 16a-11."
Deferred Compensation Plan for Directors and Officers financial
"Deferred Compensation Plan for Directors and Officers, exempt under Rule 16a-11."
2009 Non-Employee Director Equity Compensation Plan financial
"Quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan."
FAQ
What did Rebecca Ranich report in her latest Form 4 for NFG?
Rebecca Ranich reported receiving 564 deferred stock units as a routine equity grant and additional shares through dividend reinvestment, all tied to National Fuel Gas compensation and reinvestment plans, with no open-market purchases or sales disclosed in this filing.
How many National Fuel Gas deferred stock units does Rebecca Ranich now hold?
After the reported transactions, Rebecca Ranich holds 19,233 deferred stock units. Each unit is economically equivalent to one share of common stock and becomes payable in common shares after her service as a director ends, according to her distribution election.
What is the nature of the 564 deferred stock units granted to Rebecca Ranich?
The 564 deferred stock units represent a quarterly grant under the National Fuel Gas 2009 Non-Employee Director Equity Compensation Plan. These units are deferred into the Deferred Compensation Plan for Directors and Officers and will be settled in common stock after her board service ends.
Were Rebecca Ranich’s National Fuel Gas transactions open-market buys or sells?
The filing does not show any open-market buys or sells. It reports a grant of deferred stock units and acquisitions through dividend reinvestment plans, which are described as exempt under Rule 16a-11 and classified as other acquisitions or dispositions.
How are Rebecca Ranich’s deferred stock units in National Fuel Gas ultimately settled?
Each deferred stock unit is economically equivalent to one share of National Fuel Gas common stock. According to the filing, the units become payable in shares of common stock after her termination of service as a director, under her distribution election.