BAUER DAVID P

PrivateCIK: 1495829
Location

WILLIAMSVILLE, NY

BAUER DAVID P (Treasurer & Prin. Fin. Officer) exercised options at NATIONAL FUEL GAS CO

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise
InsiderBAUER DAVID PCIK 1495829
IssuerNATIONAL FUEL GAS COCIK 70145
Officer· Treasurer & Prin. Fin. Officer
Since Dec 2018
+1.08K
Net shares
Net buyer
$20.0K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
14.78K acquired · 13.69K disposed
Non-Derivative Transactions3

Common Stock

Direct
M · Option Exercise

Shares

+6.85K

Price / share

Trade value

% of position

9.5%
12/1/2025
72.05K78.89K

Common Stock

Direct
F · Tax Withholding

Shares

243.00

Price / share

$82.38

Trade value

$20.02K

% of position

0.3%
12/1/2025
78.89K78.65K

Common Stock

Direct
D · Disposition

Shares

6.60K

Price / share

Trade value

% of position

8.4%
12/1/2025
78.65K72.05K
Total

Net shares

+0.00

Net value

-$20.02K

Derivative Transactions3

Deferred Stock Units

Direct
J · J
Converts to

Common Stock

1.33K shares

Shares

+1.33K

Strike price

Held after

215.32K

Exercisable

10/15/2025

Restricted Stock Units

Direct
M · Option Exercise
Converts to

Common Stock

6.85K shares

Shares

6.85K

Strike price

Held after

0.00

Exercisable

12/1/2025

Deferred Stock Units

Direct
A · Award
Converts to

Common Stock

6.60K shares

Shares

+6.60K

Strike price

Held after

221.92K

Exercisable

12/1/2025
Non-Derivative Holdings (Post-Transaction)3

Common Stock

Indirect
Shares owned1.13K

Common Stock

Indirect
Shares owned1.13K

Common Stock

Indirect
Shares owned15.27K
Total
17.53K indirect17.53K
Derivative Holdings (Post-Transaction)0
No derivative holdings reported
BAUER DAVID P — Insider Transaction (Form 4) Filed Dec 3, 2025 | Finecho