National Fuel (NYSE: NFG) director adds deferred stock units via company plans
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
National Fuel Gas Company director Steven C. Finch reported routine, non-market compensation-related changes in his holdings of deferred stock units. On July 1, 2026, he received 564 deferred stock units as a grant under the company’s non-employee director equity plan, deferred into the Deferred Compensation Plan for Directors and Officers.
A prior entry on April 15, 2026 shows 108 deferred stock units acquired through the dividend reinvestment feature of the same deferred compensation plan, characterized as an “other” transaction. Each deferred stock unit is economically equivalent to one share of common stock and becomes payable in shares after Finch’s service as a director ends, according to his distribution election. Following the most recent grant, he holds 19,233 deferred stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Finch Steven C.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 564 | $77.63 | $44K |
| Other | Deferred Stock Units | 108 | $89.49 | $10K |
Holdings After Transaction:
Deferred Stock Units — 19,233 shares (Direct, null)
Footnotes (1)
- 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 units at $77.63
Dividend reinvestment units: 108 units at $89.49
Deferred stock units after grant: 19,233 units
+1 more
4 metrics
Deferred stock unit grant
564 units at $77.63
Grant on July 1, 2026 under director equity plan
Dividend reinvestment units
108 units at $89.49
Acquired April 15, 2026 via dividend reinvestment feature
Deferred stock units after grant
19,233 units
Total deferred stock units following July 1, 2026 transaction
Restructuring-designated units
108 units
Other transaction classified as restructuring in summary
Key Terms
Deferred Stock Units, dividend reinvestment, Deferred Compensation Plan for Directors and Officers, Rule 16a-11
4 terms
Deferred Stock Units financial
"security_title: Deferred Stock Units"
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 financial
"Acquired through dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Deferred Compensation Plan for Directors and Officers financial
"under the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers"
Rule 16a-11 regulatory
"exempt under Rule 16a-11"
FAQ
What did National Fuel Gas (NFG) director Steven C. Finch report on this Form 4?
Steven C. Finch reported routine changes in deferred stock units tied to director compensation and dividend reinvestment. These transactions involve plan-based awards and reinvested dividends, not open-market stock purchases or sales, and adjust his deferred compensation balance rather than immediate share ownership.
How many deferred stock units did Steven C. Finch receive in the latest grant at NFG?
Finch received 564 deferred stock units on July 1, 2026 as a grant. The units were issued under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan and deferred into the Deferred Compensation Plan for Directors and Officers according to his prior election.
What was the other deferred stock unit transaction reported by Steven C. Finch for NFG?
Finch reported 108 deferred stock units on April 15, 2026 as an “other” transaction. Footnotes explain these units were acquired through the dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan, an arrangement exempt under Rule 16a-11 for directors and officers.
How many deferred stock units does Steven C. Finch hold after these transactions at National Fuel Gas?
After the July 1, 2026 grant, Finch holds 19,233 deferred stock units directly. Each deferred stock unit represents the economic equivalent of one share of common stock and will be settled in shares after his service as a director ends, based on his distribution election.
Are Steven C. Finch’s reported deferred stock unit transactions open-market trades in NFG shares?
The transactions are not open-market trades. They reflect a quarterly director equity grant and dividend reinvestment within company compensation plans. The units are deferred awards economically tied to common stock, payable in shares only after Finch’s termination of service as a director.