National Fuel Gas grants director Shaw 577 shares

After the grant, the director reported 37,375 common shares held directly and 100 shares held indirectly by trust.

Rhea-AI Filing Summary

National Fuel Gas Co. (NFG) reported that director Jeffrey W. Shaw received a quarterly grant of 577 common shares on October 1, 2026, under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan. The reported per-share price was $75.89. His direct holdings following the grant were 37,375 shares; he also reported 100 shares held indirectly by trust.

Insider Trade Summary

Grant/Award: 577 shares

Grant/Award 2 txns

Insider SHAW JEFFREY W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	577	$75.89	$44K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 37,375 shares (Direct); Common Stock — 100 shares (Indirect, By trust)

Footnotes (1)

1. F1. Acquired through quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan.

Key Figures

Grant: 577 shares Reported price per share: $75.89 per share Direct holdings: 37,375 shares +1 more

4 metrics

Grant 577 shares Quarterly grant on October 1, 2026

Reported price per share $75.89 per share Reported for the October 1, 2026 grant

Direct holdings 37,375 shares Following the grant

Indirect holdings by trust 100 shares Reported on October 1, 2026

Key Terms

Non-Employee Director Equity Compensation Plan

1 terms

Non-Employee Director Equity Compensation Plan financial

"quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan"

FAQ

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How many NFG shares did director Jeffrey W. Shaw receive?

Jeffrey W. Shaw received 577 common shares in a quarterly grant on October 1, 2026, under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/02/2026 - 03:36 PM Accepted by SEC EDGAR 10/02/2026 - 03:35 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SHAW JEFFREY W

(Last) (First) (Middle)

6363 MAIN ST

(Street)

WILLIAMSVILLE NEW YORK 14221

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NATIONAL FUEL GAS CO [ NFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	10/01/2026		A		577	A	$75.89	37,375	D
Common Stock								100	I	By trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Acquired through quarterly grant under the National Fuel Gas Company 2009 Non-Employee Director Equity Compensation Plan.

Remarks:

	J. P. Baetzhold, Attorney in Fact	10/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)