Northern Oil & Gas (NOG) CEO receives stock award, surrenders shares for tax
Rhea-AI Filing Summary
Northern Oil & Gas CEO Nicholas L. O'Grady reported a stock-based compensation grant and related tax withholding. On March 16, 2026, he received 52,391 shares of Common Stock as restricted stock under the 2018 Equity Incentive Plan at $0.00 per share. On the same date, 25,053 shares were surrendered at $27.51 per share to pay taxes due upon vesting of restricted stock, using the last closing price before surrender. After these transactions, he directly holds 261,071 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
O'GRADY NICHOLAS L.
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 52,391 | $0.00 | -- |
| Tax Withholding | Common Stock | 25,053 | $27.51 | $689K |
Holdings After Transaction:
Common Stock — 286,124 shares (Direct)
Footnotes (1)
- Restricted stock granted pursuant to the Issuer's 2018 Equity Incentive Plan. Surrender of shares to pay taxes payable upon vesting of restricted stock. Reflects the last closing price of the company's common stock on or before the date the shares were surrendered.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did NOG CEO Nicholas O'Grady report on March 16, 2026?
NOG CEO Nicholas O'Grady reported receiving 52,391 shares of restricted Common Stock and surrendering 25,053 shares to cover taxes on March 16, 2026. Both transactions involve stock-based compensation rather than open-market buying or selling activity.
Was the NOG CEO’s March 2026 stock award an open-market purchase?
The March 2026 stock award was not an open-market purchase. O'Grady received 52,391 shares as restricted stock under Northern Oil & Gas’s 2018 Equity Incentive Plan, a form of equity compensation granted at no cash cost per share.