[Form 4] NORTHERN OIL & GAS, INC. Insider Trading Activity

Rhea-AI Filing Summary

Lisa Meier, a director of NORTHERN OIL & GAS, INC. (NOG), was granted 1,764 shares of the issuer's common stock on 09/30/2025 under the company's 2018 Incentive Plan at a reported price of $0. After the grant, Ms. Meier's beneficial ownership totaled 55,896 shares. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 10/02/2025. The filing identifies the reporting person as a director and indicates this transaction was a non-derivative stock grant under the incentive plan.

Positive

• 1,764 shares granted to the reporting director under the 2018 Incentive Plan
• Beneficial ownership of 55,896 shares reported following the transaction
• Form 4 filed and signed by attorney-in-fact on 10/02/2025

Negative

• None.

Insights

Corporate Governance Analyst

Director received a non‑derivative stock grant of 1,764 shares on 09/30/2025.

The Form 4 reports a grant of 1,764 common shares under the 2018 Incentive Plan, increasing the reporting director's beneficial ownership to 55,896 shares. This is a routine disclosure of equity compensation for an insider and is filed under Section 16 reporting rules.

The filing is signed by an attorney‑in‑fact on 10/02/2025, confirming procedural completion of the reporting requirement. There are no derivative transactions or cash consideration disclosed in this form.

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

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

1. Name and Address of Reporting Person^*

Meier Lisa

(Last) (First) (Middle)

4350 BAKER ROAD, SUITE 400

(Street)

MINNETONKA MN 55343

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NORTHERN OIL & GAS, INC. [ N O G ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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

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

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

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)	09/30/2025		A		1,764	A	$0	55,896	D

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. Stock granted pursuant to the Issuer's 2018 Incentive Plan.

Remarks:

	/s/ Stephanie L. Horton as attorney-in-fact	10/02/2025
	** 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.

FAQ

What transaction did NOG director Lisa Meier report on Form 4?

The Form 4 reports a grant of 1,764 shares of common stock to Lisa Meier on 09/30/2025 under the company's 2018 Incentive Plan.

How many NOG shares does Lisa Meier beneficially own after the reported transaction?

The filing shows Ms. Meier beneficially owns 55,896 shares following the reported transaction.

Was any cash price paid for the shares reported on the Form 4?

The transaction is reported with a price of $0, indicating the shares were granted rather than purchased for cash.

When was the Form 4 executed and filed for the reported transaction?

The underlying transaction date is 09/30/2025 and the Form 4 bears a signature executed by an attorney-in-fact dated 10/02/2025.

What plan governed the equity grant reported by the NOG director?

The grant was made pursuant to the issuer's 2018 Incentive Plan, as stated in the filing.