Northern Oil & Gas (NOG) director receives 6,336-share equity grant under 2018 plan

Rhea-AI Filing Summary

Akradi Bahram reported acquisition or exercise transactions in this Form 4 filing.

NORTHERN OIL & GAS, INC. director Bahram Akradi received a grant of 6,336 shares of Common Stock on June 30, 2026. The shares were awarded at a price of $0.00 per share as part of compensation, not through an open-market purchase.

After this stock award, Akradi directly holds 1,719,780 shares of Northern Oil & Gas common stock. The grant was made under the company’s 2018 Equity Incentive Plan, which is used to provide equity-based compensation to eligible participants.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Akradi Bahram

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,336	$0.00	--

Holdings After Transaction: Common Stock — 1,719,780 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Stock grant: 6,336 shares Price per share: $0.00 per share Post-transaction holdings: 1,719,780 shares +3 more

6 metrics

Stock grant 6,336 shares Common Stock awarded on June 30, 2026

Price per share $0.00 per share Grant/award acquisition, compensation-related

Post-transaction holdings 1,719,780 shares Common Stock directly owned after grant

Transaction date June 30, 2026 Date of stock grant

Transaction type Grant/award acquisition Form 4 code A, non-derivative

Security title Common Stock NORTHERN OIL & GAS, INC.

Key Terms

2018 Equity Incentive Plan, Common Stock, grant/award acquisition

3 terms

2018 Equity Incentive Plan financial

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

Common Stock financial

"The transaction involved Common Stock of NORTHERN OIL & GAS, INC."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

grant/award acquisition financial

"The Form 4 classifies the transaction as a grant/award acquisition."

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

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Available on EDGAR 07/02/2026 - 04:28 PM Accepted by SEC EDGAR 07/02/2026 - 04:27 PM Learn about SEC filing dates

FAQ

What insider transaction did NOG director Bahram Akradi report?

Bahram Akradi reported receiving a grant of 6,336 shares of NORTHERN OIL & GAS, INC. common stock. The award was classified as a grant or other acquisition under the company’s 2018 Equity Incentive Plan, rather than an open-market stock purchase or sale.

How many NOG shares does Bahram Akradi hold after this Form 4 filing?

Following the reported transaction, Bahram Akradi directly holds 1,719,780 shares of NORTHERN OIL & GAS, INC. common stock. This updated total reflects the addition of 6,336 shares granted on June 30, 2026, under the company’s 2018 Equity Incentive Plan.

Was the NOG insider transaction a stock purchase or a compensation grant?

The transaction was a compensation-related stock grant, not a market purchase. Akradi received 6,336 shares at a per-share price of $0.00, classified as a grant or award acquisition under NORTHERN OIL & GAS, INC.’s 2018 Equity Incentive Plan.

What is the significance of NOG’s 2018 Equity Incentive Plan in this Form 4?

The 2018 Equity Incentive Plan is the program through which the 6,336-share grant was made to Bahram Akradi. The footnote explains that the reported stock was granted under this plan, indicating it is part of the company’s equity-based compensation structure.

Did Bahram Akradi buy or sell any NOG shares on the open market?

The filing shows no open-market buys or sells by Akradi. It reports only a grant of 6,336 common shares at $0.00 per share as a compensation award, with no sale or purchase transactions disclosed in this Form 4.

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^*

Akradi Bahram

(Last) (First) (Middle)

4350 BAKER ROAD, SUITE 400

(Street)

MINNETONKA MINNESOTA 55343

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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)	06/30/2026		A		6,336	A	$0	1,719,780	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 Equity Incentive Plan.

Remarks:

	/s/ Stephanie L. Horton as attorney-in-fact	07/02/2026
	** 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)