Form 4: National Fuel Gas Co Director Smith David F Reports Acquisition of Deferred Stock Units

Director David F. Smith reports acquiring deferred stock units in National Fuel Gas Co through dividend reinvestment and a quarterly grant.

Summary

• David F. Smith, a director of National Fuel Gas Co, reported acquiring 118 deferred stock units on October 15, 2024, through dividend reinvestment at a price of $60.86.
• Smith also acquired 715 deferred stock units on January 2, 2025, through a quarterly grant at a price of $61.215.
• Following these transactions, Smith beneficially owns 15,475 deferred stock units.
• These units are payable in shares of common stock after termination of service as a director.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reports routine transactions related to director compensation. There is no indication of positive or negative performance.

Future Outlook

The deferred stock units become payable in shares of common stock after the reporting person's termination of service as a director, pursuant to the reporting person's distribution election under the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers.

Industry Context

This filing is a routine disclosure related to director compensation and holdings, common in publicly traded companies.

Stakeholder Impact

• The transactions do not have a significant immediate impact on stakeholders as they relate to director compensation.

Key Dates