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

• On October 1, 2024, David F. Smith, a director of National Fuel Gas Co, acquired 725 deferred stock units at $60.365 each through a quarterly grant under the company's 2009 Non-Employee Director Equity Compensation Plan.
• These units were deferred under the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers.
• Additionally, on July 15, 2024, Smith acquired 118 deferred stock units at $56.69 each through dividend reinvestment.
• Following these transactions, Smith beneficially owns 14,642 and 13,917 deferred stock units respectively.
• These units are payable in shares of common stock after termination of service as a director.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

• The director's participation in the dividend reinvestment plan and equity compensation plan demonstrates confidence in the company's future.

Future Outlook

The deferred stock units will be payable in shares of common stock after the reporting person's termination of service as a director.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine compensation and dividend reinvestment activities.

Key Dates