Form 4: National Fuel Gas Co. Director Steven C. Finch Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Steven C. Finch reports acquisition of deferred stock units in National Fuel Gas Co. through dividend reinvestment and a quarterly grant.
Summary
- Steven C. Finch, a director of National Fuel Gas Co., reported acquiring deferred stock units.
- On April 15, 2024, 113 deferred stock units were acquired through dividend reinvestment at $52.83 each.
- On July 1, 2024, 806 deferred stock units were acquired through a quarterly grant at $54.3 each.
- Following these transactions, Finch directly owns 13,799 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 to slightly positive as it reflects routine director compensation and investment in the company's stock.
Positives
- The director's continued investment in deferred stock units may signal confidence in the company's future performance.
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, 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 have a minor positive impact on shareholders as they demonstrate the director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Acquisition of 113 deferred stock units through dividend reinvestment. |
| 07/01/2024 | Acquisition of 806 deferred stock units through quarterly grant. |
| 07/02/2024 | Date of the report signature. |
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