COLPOYS MICHAEL D

PrivateCIK: 2074423
Location

WILLIAMSVILLE, NY

COLPOYS MICHAEL D (President - NFG Dist. Corp.) exercised options at NATIONAL FUEL GAS CO

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

M · 2 exercises
InsiderCOLPOYS MICHAEL DCIK 2074423
IssuerNATIONAL FUEL GAS COCIK 70145
Officer· President - NFG Dist. Corp.
Since Jul 2025
-650.00
Net shares
Net seller
$53.5K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
1.32K acquired · 1.97K disposed
Non-Derivative Transactions4

Common Stock

Direct
M · Option Exercise

Shares

+600.00

Price / share

Trade value

% of position

4.6%
12/5/2025
13.18K13.78K

Common Stock

Direct
F · Tax Withholding

Shares

295.00

Price / share

$82.28

Trade value

$24.27K

% of position

2.1%
12/5/2025
13.78K13.48K

Common Stock

Direct
M · Option Exercise

Shares

+722.00

Price / share

Trade value

% of position

5.4%
12/6/2025
13.48K14.20K

Common Stock

Direct
F · Tax Withholding

Shares

355.00

Price / share

$82.28

Trade value

$29.21K

% of position

2.5%
12/6/2025
14.20K13.85K
Total

Net shares

+672.00

Net value

-$53.48K

Derivative Transactions2

Restricted Stock Units

Direct
M · Option Exercise
Converts to

Common Stock

600.00 shares

Shares

600.00

Strike price

Held after

1.20K

Exercisable

12/5/2025

Restricted Stock Units

Direct
M · Option Exercise
Converts to

Common Stock

722.00 shares

Shares

722.00

Strike price

Held after

722.00

Exercisable

12/6/2025
Non-Derivative Holdings (Post-Transaction)2

Common Stock

Indirect
Shares owned14.43K

Common Stock

Indirect
Shares owned49.00
Total
14.48K indirect14.48K
Derivative Holdings (Post-Transaction)0
No derivative holdings reported
COLPOYS MICHAEL D — Insider Transaction (Form 4) Filed Dec 9, 2025 | Finecho