BAUER DAVID P (Treasurer & Prin. Fin. Officer) received a stock award from NATIONAL FUEL GAS CO

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 2 awards

BAUER DAVID P

Filed: 12/8/2025ACC: 0001495829-25-000007

InsiderBAUER DAVID PCIK 1495829

→

IssuerNATIONAL FUEL GAS COCIK 70145

Officer· Treasurer & Prin. Fin. Officer

Since Dec 2018

+62.28K

Net shares

Net buyer

$117.5K

Total sold

Open market trades

0B · 0S

Total transactions

102.68K acquired · 40.40K disposed

Non-Derivative Transactions5

Common Stock

Direct

A · Award

+15.50K

Price / share

—

Trade value

—

% of position

21.5%

12/4/2025

72.05K→87.54K

Common Stock

Direct

F · Tax Withholding

−550.00

Price / share

$82.01

Trade value

$45.11K

% of position

0.6%

12/4/2025

87.54K→86.99K

Common Stock

Direct

A · Award

+24.91K

Price / share

—

Trade value

—

% of position

28.6%

12/4/2025

86.99K→111.90K

Common Stock

Direct

F · Tax Withholding

−883.00

Price / share

$82.01

Trade value

$72.41K

% of position

0.8%

12/4/2025

111.90K→111.02K

Common Stock

Direct

D · Disposition

−38.97K

Price / share

—

Trade value

—

% of position

35.1%

12/4/2025

111.02K→72.05K

Total

Net shares

+0.00

Net value

-$117.52K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/4/2025	A · Award	+15.50K	—	—	21.5%	72.05K	87.54K
Common Stock Direct	12/4/2025	F · Tax Withholding	−550.00	$82.01	$45.11K	0.6%	87.54K	86.99K
Common Stock Direct	12/4/2025	A · Award	+24.91K	—	—	28.6%	86.99K	111.90K
Common Stock Direct	12/4/2025	F · Tax Withholding	−883.00	$82.01	$72.41K	0.8%	111.90K	111.02K
Common Stock Direct	12/4/2025	D · Disposition	−38.97K	—	—	35.1%	111.02K	72.05K
Total			+0.00		-$117.52K

Derivative Transactions2

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

23.31K shares

+23.31K

Strike price

Held after

23.31K

Exercisable

—

12/4/2025

Deferred Stock Units

Direct

A · Award

Converts to

Common Stock

38.97K shares

+38.97K

Strike price

Held after

260.89K

Exercisable

—

12/4/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock23.31K shares	12/4/2025	A · Award	+23.31K		—	23.31K
Deferred Stock Units Direct	Common Stock38.97K shares	12/4/2025	A · Award	+38.97K		—	260.89K

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

Security Title	Shares Owned	Ownership Type
Common Stock	1.13K	Indirect
Common Stock	1.13K	Indirect
Common Stock	15.27K	Indirect
Total	17.53K	17.53K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported