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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): October
15, 2026
UNITED
STATES NATURAL GAS FUND, LP
(Exact
name of registrant as specified in its charter)
| Delaware |
001-33096 |
20-5576760 |
(State or other jurisdiction
of incorporation) |
(Commission File Number)
|
(I.R.S.
Employer
Identification No.)
|
| |
|
|
1850 Mt. Diablo Boulevard, Suite 640
Walnut Creek, California 94596
(Address of principal executive offices) (Zip Code)
(510) 522-9600
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communication pursuant
to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities
registered pursuant to Section 12(b) of the Act:
| |
|
|
|
|
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered: |
| Shares of United States
Natural Gas Fund, LP |
|
UNG |
|
NYSE Arca, Inc. |
Item 1.01 Entry into a Material Definitive Agreement.
As of October 13, 2026, United States
Natural Gas Fund, LP (the “Registrant”) amended the International Swaps and Derivatives Association, Inc.
(“ISDA”) 2002 Master Agreement (the “Agreement”) that it has in place with Société
Générale S.A., which it entered into on June 13, 2022. The amendment reduces the “Total Net Assets
(“TNA”) Decline Event” Additional Termination Event in the Agreement that applies with respect to the Registrant
(the “TNA ATE”) from $1.5 billion to $200,000,000. The reduced TNA reflects the performance of the Registrant and is
intended to ensure that the TNA ATE is not triggered absent a credit event having occurred in respect of the Registrant.
The foregoing description of the amendment to the Agreement is qualified in its entirety by reference to the full text of the Agreement, which
is attached hereto as Exhibit 10.16 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
| Exhibit No. |
|
Description |
| 10.16 |
|
Amendment to ISDA 2002 Master Agreement, dated as of June 13, 2022, by and between United States Natural Gas Fund LP and Société Générale |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
|
UNITED STATES NATURAL GAS FUND,
LP |
| |
|
By: |
United States Commodity Funds LLC, its
general partner |
| |
|
|
|
| Date: |
October 15, 2026 |
By: |
/s/ John P. Love |
| |
|
Name: |
John P. Love |
| |
|
Title: |
President and Chief Executive Officer, and Management Director |
