Northern Oil & Gas, Inc. Chief Technical Officer James B. Evans reported equity compensation activity involving the company’s common stock. On February 9, 2026, he acquired 5,073 shares through vesting and settlement of performance-based restricted stock units tied to total shareholder return for the 2023–2025 period.
On the same date, 2,685 shares were disposed of to cover tax withholding obligations, based on a reference price of $25.88 per share. After these transactions, Evans directly owned 71,807 shares of Northern Oil & Gas common stock.
Romslo Erik J. reported multiple insider transaction types in a Form 4 filing for NOG. The filing lists transactions totaling 9,065 shares at a weighted average price of $25.88 per share. Following the reported transactions, holdings were 96,709 shares.
Northern Oil & Gas CEO Nicholas L. O'Grady reported equity award activity in company stock. On 02/09/2026 he acquired 29,688 shares of common stock through the vesting and settlement of performance-based restricted stock units tied to total shareholder return versus a peer group for the 2023-2025 performance period.
The company withheld 14,607 shares, valued using a share price of $25.88, to cover related tax obligations. After these transactions, O'Grady directly owned 233,733 shares of Northern Oil & Gas common stock.
Northern Oil and Gas, Inc. provided a preliminary update on its fourth quarter 2025 results, highlighting strong hedging performance and a significant non-cash accounting charge. The company estimates unrealized mark-to-market gains on derivatives of $84.0–$88.0 million and realized hedge gains of $70.0–$72.0 million, reflecting its oil and gas hedging strategy.
NOG reports a record 33 “ground game” acquisition and development transactions in the quarter, deploying about $77.0 million across four basins and adding 1.2 net wells and over 6,000 net acres. For 2025, it invested approximately $173.5 million in a record 84 transactions, adding 12.8 net wells and more than 12,000 acres, which are expected to contribute over 65 net incremental locations.
The company expects a non-cash impairment charge of $260–$270 million in the fourth quarter of 2025 under the full-cost “ceiling test,” driven by lower average oil prices versus the prior year. NOG notes this impairment will not affect its cash flows. All figures are preliminary and subject to completion of year-end closing and audit procedures.
FMR LLC and Abigail P. Johnson have reported a sizeable stake in Northern Oil and Gas, Inc. They beneficially own 6,924,371.79 shares of the company’s common stock, representing 7.1% of the class as of the event date of 12/31/2025.
FMR LLC holds sole voting power over 6,903,835.35 shares and sole dispositive power over 6,924,371.79 shares, while Abigail P. Johnson is reported with sole dispositive power over the same 6,924,371.79 shares and no voting power. The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Northern Oil and Gas.
Dimensional Fund Advisors LP reported beneficial ownership of Northern Oil & Gas Inc common stock on a Schedule 13G/A. As of 12/31/2025, Dimensional reported that funds it advises held 4,243,285 shares, representing 4.3% of the outstanding common stock. Dimensional reported sole voting power over 4,141,708 shares and sole dispositive power over 4,243,285 shares, with no shared voting or dispositive power.
The filing explains that all securities are owned by various funds and accounts it advises (the “Funds”) and that Dimensional may be deemed a beneficial owner due to its investment and voting authority, but it expressly disclaims beneficial ownership. The shares are described as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Northern Oil & Gas Inc.
Northern Oil & Gas, Inc. reported an insider equity award for a director. On 12/31/2025, the director acquired 2,038 shares of common stock in a transaction coded as an acquisition at a price of $0 per share, indicating a stock grant rather than an open-market purchase. Following this grant, the director directly beneficially owns 22,778 shares of Northern Oil & Gas common stock. The shares were granted pursuant to the company’s 2018 Equity Incentive Plan, reflecting part of the director’s compensation in equity form.
Northern Oil & Gas, Inc. reported that one of its directors received a stock grant under the company’s 2018 Equity Incentive Plan. On 12/31/2025, the director acquired 2,038 shares of common stock at a stated price of $0, reflecting an equity award rather than an open-market purchase. After this grant, the director beneficially owns 17,763 shares of Northern Oil & Gas common stock in direct form.
Northern Oil & Gas, Inc. director reported receiving common stock as part of equity compensation. On 12/31/2025, the reporting person acquired 6,521 shares of common stock at a stated price of $0 per share, reflecting a stock grant rather than a market purchase. Following this grant, the director beneficially owns 1,683,751 shares of Northern Oil & Gas common stock in direct ownership. The grant was made under the company’s 2018 Equity Incentive Plan, which is used to award equity to eligible participants.
Northern Oil & Gas, Inc. reported that one of its directors received a grant of common stock. On 12/31/2025, the director acquired 2,038 shares of Northern Oil & Gas common stock in a transaction coded as an acquisition. The reported price per share is $0, indicating this was an equity award rather than an open-market purchase.
Following this grant, the director now beneficially owns 57,934 shares of Northern Oil & Gas common stock in direct ownership form. The stock was granted pursuant to the company’s 2018 Incentive Plan, which is designed to provide equity-based compensation.