National Fuel Gas exec granted 396 shares
NFG executive receives a stock award and has shares withheld for taxes, with additional holdings in a 401(k) stock fund and a UTMA custodial account.
Rhea-AI Filing Summary
NATIONAL FUEL GAS CO (NFG) reports that Michael D. Colpoys, President of National Fuel Gas Distribution Corporation, received a grant of 396 shares of common stock on September 16, 2026. On the same date, 195 shares were withheld and cancelled at $81.515 per share to satisfy tax obligations tied to vesting performance shares, with no shares sold into the market.
Colpoys also acquired 17 shares on January 15, 2026 through a dividend reinvestment plan at $81.885 per share. Indirect holdings include the economic equivalent of 14,919 shares in a 401(k) NFG stock fund and 50 shares held as UTMA custodian for his son, which includes 1 share added year-to-date via dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Colpoys Michael D
Role
President - NFG Dist. Corp.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 396 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 195 | $81.515 | $16K |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| Other | Common Stock F1 | 17 | $81.885 | $1K |
Holdings After Transaction:
Common Stock — 14,065 shares (Direct);
Common Stock — 14,919 shares (Indirect, 401K Trust);
Common Stock — 50 shares (Indirect, As UTMA custodian for son)
Footnotes (4)
- F1. Acquired through a dividend reinvestment plan, exempt under Rule 16a-11.
- F2. On September 16, 2026, the reporting person had 195 shares withheld and cancelled in respect of taxes in connection with the vesting of performance shares. 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.
- F3. 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 September 16, 2026, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
- F4. Includes 1 share acquired year-to-date in calendar 2026 through a dividend reinvestment plan, exempt under Rule 16a-11.
Key Figures
Stock award: 396 shares
Shares withheld for taxes: 195 shares
Tax withholding price per share: $81.515 per share
+4 more
7 metrics
Stock award
396 shares
Grant of common stock to Michael D. Colpoys on September 16, 2026
Shares withheld for taxes
195 shares
Withheld and cancelled on September 16, 2026 in connection with vesting performance shares
Tax withholding price per share
$81.515 per share
Price used for 195 shares withheld for taxes on September 16, 2026
Dividend reinvestment acquisition
17 shares
Acquired on January 15, 2026 through a dividend reinvestment plan
Dividend reinvestment price per share
$81.885 per share
Price for 17 shares acquired via dividend reinvestment on January 15, 2026
Indirect 401(k) holdings
14,919 shares (equivalent)
Units in the NFG stock fund under the NFG 401(k) plan as of September 16, 2026
UTMA custodial holdings
50 shares
Indirect holdings as UTMA custodian for son, including 1 share from 2026 dividend reinvestment
Key Terms
dividend reinvestment plan, Rule 16a-11, 401(k) plan, UTMA custodian
4 terms
dividend reinvestment plan financial
"Acquired through a 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 a dividend reinvestment plan, exempt under Rule 16a-11."
401(k) plan financial
"The NFG stock fund under the NFG 401(k) plan is denominated in units"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
UTMA custodian financial
"Includes 1 share acquired year-to-date in calendar 2026 through a dividend reinvestment plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock award did NFG executive Michael D. Colpoys receive according to this Form 4 for NFG?
Michael D. Colpoys received a grant of 396 shares of NATIONAL FUEL GAS CO common stock on September 16, 2026, reported as a grant, award, or other acquisition of non-derivative common stock held directly.
What are Michael D. Colpoys’ indirect NFG holdings through the 401(k) plan?
Indirectly, he holds the economic equivalent of 14,919 shares of NATIONAL FUEL GAS CO common stock in the NFG stock fund under the NFG 401(k) plan, calculated by dividing his fund dollar balance as of September 16, 2026 by that day’s closing stock price.
Was any NFG stock sold into the market in this Form 4 filing for NFG?
No. The 195 shares reported as a disposition on September 16, 2026 were withheld and cancelled to satisfy tax obligations on vesting performance shares, and the disclosure states that none of these cancelled shares were sold into the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
