Northern Oil & Gas CTO surrenders shares for tax withholding
Northern Oil & Gas, Inc. reported that its Chief Technical Officer completed an administrative share transaction involving company stock.
Rhea-AI Filing Summary
Northern Oil & Gas, Inc. reported that its Chief Technical Officer completed an administrative share transaction involving company stock. On 12/29/2025, the officer surrendered 4,978 shares of common stock in a transaction coded "F," which the company explains was to pay taxes due when restricted stock vested. The price used for the surrendered shares was $21.9, reflecting the last closing price of the common stock on or before the surrender date.
Following this tax-related disposition, the officer directly beneficially owned 69,419 shares of Northern Oil & Gas common stock. The filing indicates this was a routine equity award and tax withholding event rather than an open-market sale for investment purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,978 | $21.90 | $109K |
Footnotes (2)
- F1. Surrender of shares to pay taxes payable upon vesting of restricted stock.
- F2. Reflects the last closing price of the company's common stock on or before the date the shares were surrendered.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Northern Oil & Gas (NOG) report in this Form 4?
The Chief Technical Officer of Northern Oil & Gas, Inc. reported surrendering 4,978 shares of common stock on 12/29/2025 in a transaction coded "F" to cover taxes upon the vesting of restricted stock.
What does transaction code "F" mean in the Northern Oil & Gas (NOG) Form 4?
The transaction was coded "F", which in this context is explained as a surrender of shares to pay taxes due when restricted stock vested, rather than a discretionary open-market sale.
Is the Northern Oil & Gas (NOG) insider transaction part of a 10b5-1 trading plan?
The form includes a checkbox to indicate if a transaction was made under a Rule 10b5-1 plan, but the excerpt does not show that box marked for this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.