National Fuel Gas CIO defers 478 shares
NFG’s Chief Information Officer reported routine 2026 equity awards, dividend reinvestments, and a deferral of 478 common shares into deferred stock units under company plans.
Rhea-AI Filing Summary
NATIONAL FUEL GAS CO (NFG) reported several equity-related transactions by Chief Information Officer Martin A. Krebs. On September 16, 2026, 478 shares of common stock were deferred into 478 deferred stock units under a deferred compensation plan, reported as a disposition of common stock and a matching acquisition of deferred stock units. Earlier in 2026, Krebs acquired additional common shares and deferred stock units through dividend reinvestment and deferred compensation features, and held 279 common shares indirectly in a 401(k) plan as of September 16, 2026. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Krebs Martin A
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F5, F2, F6 | 478 | -- | -- |
| Grant/Award | Common Stock | 478 | $0.00 | $0.00 |
| Disposition | Common Stock F2 | 478 | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| Other | Deferred Stock Units F4, F5, F6 | 178 | $79.99 | $14K |
| Other | Common Stock F1 | 29 | $79.736 | $2K |
| Other | Deferred Stock Units F4, F5, F6 | 152 | $89.49 | $14K |
| Other | Common Stock F1 | 25 | $89.768 | $2K |
| Other | Deferred Stock Units F4, F5, F6 | 167 | $81.29 | $14K |
| Other | Common Stock F1 | 27 | $81.885 | $2K |
Holdings After Transaction:
Deferred Stock Units — 26,283 contracts (Direct);
Common Stock — 4,164 shares (Direct);
Common Stock — 279 shares (Indirect, 401K Trust)
Footnotes (6)
- F1. Acquired through dividend reinvestment plan, exempt under Rule 16a-11.
- F2. In connection with the vesting on September 16, 2026 of performance shares previously granted to the reporting person, the reporting person's receipt of 478 shares of common stock was deferred, resulting in the reporting person's receipt instead of 478 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 478 shares of common stock in exchange for an equal number of deferred stock units.
- 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. Acquired through dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers, exempt under Rule 16a-11.
- F5. Each deferred stock unit is the economic equivalent of one share of common stock.
- F6. The deferred stock units become payable, in shares of common stock, after the reporting person's termination of service, pursuant to the reporting person's distribution election under National Fuel Gas Company's Deferred Compensation Plan for Directors and Officers.
Key Figures
Deferred stock units acquired (Sept 16, 2026): 478 units
Common shares disposed to issuer (Sept 16, 2026): 478 shares
401(k) indirect holding: 279 shares
+4 more
7 metrics
Deferred stock units acquired (Sept 16, 2026)
478 units
Deferred receipt of 478 common shares into deferred stock units upon vesting of performance shares
Common shares disposed to issuer (Sept 16, 2026)
478 shares
Disposition of common stock in exchange for an equal number of deferred stock units
401(k) indirect holding
279 shares
NFG common stock equivalent units in NFG stock fund under NFG 401(k) plan as of September 16, 2026
Deferred stock units acquired (Jan 15, 2026)
167 units
Deferred stock units tied to NFG common stock at $81.29 per unit
Deferred stock units acquired (Apr 15, 2026)
152 units
Deferred stock units tied to NFG common stock at $89.49 per unit
Deferred stock units acquired (Jul 15, 2026)
178 units
Deferred stock units tied to NFG common stock at $79.99 per unit
Dividend reinvestment common shares (2026 entries)
81 shares
29 shares on July 15, 25 shares on April 15, and 27 shares on January 15 via dividend reinvestment
Key Terms
Deferred Stock Units, dividend reinvestment plan, Deferred Compensation Plan for Directors and Officers, Rule 16a-11, +2 more
6 terms
Deferred Stock Units financial
"resulting in the reporting person's receipt instead of 478 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 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
"Deferred Compensation Plan for Directors and Officers, exempt under Rule 16a-11."
Rule 16a-11 regulatory
"exempt under Rule 16a-11."
economic equivalent financial
"Each deferred stock unit is the economic equivalent of one share of common stock."
distribution election financial
"payable, in shares of common stock, after the reporting person's termination of service, pursuant to the reporting person's distribution election"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did NFG’s CIO Martin A. Krebs report on September 16, 2026 for NFG?
On September 16, 2026, Martin A. Krebs deferred 478 common shares into 478 deferred stock units under National Fuel Gas Company’s deferred compensation plan, reporting a disposition of common stock and a matching acquisition of deferred stock units.
How many NFG deferred stock units did Martin A. Krebs acquire in 2026?
In 2026, Martin A. Krebs acquired deferred stock units tied to NFG common stock in amounts of 167 units on January 15, 152 units on April 15, 178 units on July 15, and 478 units on September 16, each unit being the economic equivalent of one NFG common share.
What NFG common stock holdings did Martin A. Krebs report through a 401(k) plan?
As of September 16, 2026, Martin A. Krebs reported 279 NFG common shares held indirectly through the NFG stock fund under the NFG 401(k) plan. The reported amount is based on the dollar value of his fund balance divided by NFG’s closing stock price that day.
Were any of Martin A. Krebs’ 2026 NFG transactions under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmatively adopted plan, and the footnotes describe dividend reinvestment, deferred compensation, and deferral of vested performance shares, but do not state that a Rule 10b5-1 trading plan applied.
AI-generated analysis. How Rhea-AI works. Not financial advice.
