National Fuel Gas director granted 469 stock units
National Fuel Gas Company director David Hugo Anderson received 469 deferred stock units as a compensation grant.
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Form Type
4
Rhea-AI Filing Summary
National Fuel Gas Company director David Hugo Anderson received 469 deferred stock units as a compensation grant. The units were valued at $93.29 each and are the economic equivalent of common shares, payable in stock after his service as a director ends under his distribution election.
Following these transactions, Anderson holds 18,561 deferred stock units and 5,173 shares of common stock directly, plus 219 common shares indirectly through the Anderson Family Trust. Some prior activity reflects dividend reinvestment and plan-related adjustments classified as other acquisitions or dispositions, rather than open-market trades.
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 | 469 | $93.29 | $44K |
| holding | Common Stock | -- | -- | -- |
| Other | Deferred Stock Units | 115 | $81.29 | $9K |
| Other | Common Stock | 1 | $81.825 | $81.83 |
Holdings After Transaction:
Deferred Stock Units — 18,561 contracts (Direct);
Common Stock — 219 shares (Indirect, By Anderson Family Trust);
Common Stock — 5,173 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 units granted: 469 units at $93.29
Deferred stock units held: 18,561 units
Direct common shares held: 5,173 shares
+3 more
6 metrics
Deferred stock units granted
469 units at $93.29
Grant on April 1, 2026
Deferred stock units held
18,561 units
Total after April 1, 2026 grant
Direct common shares held
5,173 shares
Common stock position after reported activity
Indirect common shares held
219 shares
Held by Anderson Family Trust
Other DSU transaction
115 units at $81.29
Code J transaction on January 15, 2026
Restructuring-related shares
116 shares
Total restructuringShares in transaction summary
Key Terms
Deferred Stock Units, dividend reinvestment plan, Deferred Compensation Plan for Directors and Officers, Rule 16a-11, +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.
Deferred Compensation Plan for Directors and Officers financial
"feature of the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers"
Rule 16a-11 regulatory
"Acquired through dividend reinvestment plan, exempt under Rule 16a-11."
Anderson Family Trust financial
"nature_of_ownership: By Anderson Family Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did NFG director David Hugo Anderson report on this Form 4?
David Hugo Anderson reported receiving 469 deferred stock units as a compensation grant. These units mirror National Fuel Gas common stock and were added under director compensation and deferred compensation plans, rather than through an open-market purchase or sale.
How many National Fuel Gas (NFG) deferred stock units does Anderson now hold?
After the reported transactions, Anderson holds 18,561 deferred stock units. Each unit is economically equivalent to one NFG common share and will be settled in stock after his board service ends, according to his distribution election.
Are the new NFG deferred stock units an open-market buy by Anderson?
No, the 469 deferred stock units were granted as director compensation and deferred under the company’s deferred compensation plan. This is a compensation-related award, not an open-market stock purchase or sale by Anderson.
What do the deferred stock units mean for NFG director compensation?
The deferred stock units show part of Anderson’s director compensation is paid in equity-equivalent units. These units track National Fuel Gas common stock value and convert into shares after his board service ends, aligning his compensation with shareholder performance over time.
What are Anderson’s direct and indirect NFG common stock holdings?
Anderson directly holds 5,173 National Fuel Gas common shares after the reported activity. In addition, an Anderson Family Trust holds 219 common shares indirectly, reflecting a smaller, trust-based position separate from his direct share ownership.
How were some of Anderson’s NFG holdings acquired according to the Form 4 footnotes?
Some holdings were acquired through dividend reinvestment under a dividend reinvestment plan and the deferred compensation plan for directors and officers. These are automatic reinvestment and plan features, exempt under Rule 16a-11, not discretionary market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
