Form 4: Northern Oil & Gas: Officer Adam A. Dirlam Reports Stock Transactions
SEC Form 4 Filing
Adam A. Dirlam, President of Northern Oil & Gas, reports the disposition of shares to cover tax obligations and indirect ownership through a spouse.
Summary
- On December 29, 2024, Adam A. Dirlam, President of Northern Oil & Gas, reported a transaction involving the disposition of 6,637 shares of common stock to cover taxes due upon the vesting of restricted stock at a price of $36.04 per share.
- Following the transaction, Dirlam directly owns 97,895 shares of common stock.
- Dirlam also indirectly owns 16,303 shares through his spouse.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/29/2024 | Date of stock transaction (disposition of shares). |
| 12/31/2024 | Date of signature on the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.