National Fuel (NFG) Director Reports 5,173-Share Sale and 471 DSU Grant
Rhea-AI Filing Summary
David Hugo Anderson, a director of National Fuel Gas Co (NFG), reported multiple transactions. The filing shows a disposition of 5,173 shares of common stock and an acquisition of 1 share by the Anderson Family Trust on 07/15/2025. The trust-acquired share was reported at a price of $89.33.
The report also discloses derivative-related activity in the form of deferred stock units. As of the filings, the reporting person directly beneficially owned 16,860 shares following a reported 98-unit disposition (priced at $88.82) and subsequently acquired 471 deferred stock units on 10/01/2025 at an indicated price of $92.955, bringing total direct beneficial ownership to 17,331 deferred-equivalent shares. Explanatory notes state the units convert to common shares after termination of service and that several items arose via dividend reinvestment or director compensation plans.
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Insights
TL;DR: Routine director sale and compensation-related deferred equity activity, with ownership updated.
The filing records a sale of 5,173 shares and a trust acquisition of 1 share on 07/15/2025, with the trust share shown at $89.33. These entries are disclosed under standard Form 4 reporting.
The report also shows deferred stock unit movements: a 98-unit change (priced at $88.82) and a 471-unit acquisition on 10/01/2025 (listed at $92.955). The filing explains these units convert to common stock after the director's termination per the company's deferred compensation plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 471 | $92.955 | $44K |
| holding | Common Stock | -- | -- | -- |
| Other | Deferred Stock Units | 98 | $88.82 | $9K |
| Other | Common Stock | 1 | $89.33 | $89.33 |
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.
