National Fuel Gas grants director Finch 577 stock units

The director's deferred stock units are economic equivalents of common shares and become payable after termination of service as a director under the distribution election.

Rhea-AI Filing Summary

National Fuel Gas Co. (NFG) director Steven C. Finch acquired 129 deferred stock units on July 15, 2026, through the dividend reinvestment feature of the Deferred Compensation Plan for Directors and Officers, and received a quarterly grant of 577 deferred stock units on October 1, 2026, under the 2009 Non-Employee Director Equity Compensation Plan. Each unit is the economic equivalent of one common share and becomes payable in common shares after his termination of service as a director, under his distribution election.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Finch Steven C.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units F3, F2	577	$75.89	$44K
Other	Deferred Stock Units F1, F2	129	$79.99	$10K

Holdings After Transaction: Deferred Stock Units — 19,939 contracts (Direct)

Footnotes (3)

1. F1. Acquired through dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers, exempt under Rule 16a-11.
2. F2. 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.
3. F3. 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 acquired: 129 deferred stock units Reported per-share price: $79.99 per share Quarterly deferred stock unit grant: 577 deferred stock units +2 more

5 metrics

Deferred stock units acquired 129 deferred stock units Acquired July 15, 2026, through the dividend reinvestment feature

Reported per-share price $79.99 per share 129 deferred stock units acquired July 15, 2026

Quarterly deferred stock unit grant 577 deferred stock units Granted October 1, 2026

Reported per-share price $75.89 per share 577 deferred stock units granted October 1, 2026

Common shares equivalent per deferred stock unit 1 share Each deferred stock unit is the economic equivalent of one common share

Key Terms

deferred stock unit, dividend reinvestment feature, Non-Employee Director Equity Compensation Plan, distribution election

4 terms

deferred stock unit financial

"Each deferred stock unit is the economic equivalent of one share of common stock"

A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.

dividend reinvestment feature financial

"Acquired through dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan"

Non-Employee Director Equity Compensation Plan financial

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

distribution election financial

"pursuant to the reporting person's distribution election"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NFG deferred stock units did director Steven C. Finch acquire?

Steven C. Finch acquired 129 deferred stock units on July 15, 2026, through the plan's dividend reinvestment feature, and received a quarterly grant of 577 deferred stock units on October 1, 2026. The reported per-share prices were $79.99 and $75.89, respectively.

When are NFG director Steven C. Finch's deferred stock units payable?

Each deferred stock unit is the economic equivalent of one share of common stock and becomes payable in common shares after Finch's termination of service as a director, pursuant to his distribution election under the Deferred Compensation Plan for Directors and Officers.

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

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Available on EDGAR 10/02/2026 - 03:27 PM Accepted by SEC EDGAR 10/02/2026 - 03:27 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^*

Finch Steven C.

(Last) (First) (Middle)

6363 MAIN STREET

(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

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
Deferred Stock Units(1)	(2)	07/15/2026		J	V	129		(2)	(2)	Common Stock	129	$79.99	19,362	D
Deferred Stock Units(3)	(2)	10/01/2026		A		577		(2)	(2)	Common Stock	577	$75.89	19,939	D

Explanation of Responses:

1. Acquired through dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers, exempt under Rule 16a-11.

2. 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.

3. 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.

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)