In a recent filing, David H. Anderson, a director at National Fuel Gas Company, disclosed several stock transactions that highlight his ongoing involvement with the company. This update is significant as it provides transparency regarding ownership changes and potential influences on company operations.
Company Background
National Fuel Gas Company, identified by the Central Index Key (CIK) 0000070145, operates in the natural gas distribution sector. The company is incorporated in New Jersey and has its fiscal year ending on September 30. Its business address is 6363 Main Street, Williamsville, NY 14221-5887. The company trades under the symbol NFG.
What the Filing Says
Anderson's recent Form 4 filing, dated October 2, 2026, indicates multiple transactions involving the company's common stock. Notably, he acquired 577 shares on October 1, 2026, at a price of $75.89 per share. Following this transaction, Anderson holds a total of 19,939 shares in the company.
Impact
This filing affects various stakeholders, including investors and analysts monitoring National Fuel Gas Company's performance. Anderson's role as a director and his stock transactions may influence investor confidence and perceptions regarding the company's future direction.
What's Next
The filing does not say what happens next.
Additional Transactions
In addition to the recent acquisition of 577 shares, Anderson's filing also reveals a transaction that occurred on July 15, 2026, where he acquired 1 share of common stock through a dividend reinvestment plan at a price of $79.676 per share. This transaction was made under Rule 16a-11, which provides exemptions for certain acquisitions made through dividend reinvestment plans.
Moreover, on the same date, Anderson acquired 129 deferred stock units, which are equivalent to shares of common stock, at a price of $79.99 each. These units were obtained through the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers, also exempt under Rule 16a-11. Following these transactions, Anderson's total holdings of common stock increased significantly.
Ownership Structure
As of the latest filing, David H. Anderson directly owns 19,939 shares of common stock. Additionally, he holds 19,362 shares in deferred stock units, which will become payable in shares of common stock upon his termination of service as a director. This structure indicates a substantial commitment to the company, aligning his interests with those of shareholders.
Power of Attorney
The filing also references a Power of Attorney granted by Anderson, which allows designated individuals to act on his behalf for SEC filings. This document, executed on June 11, 2025, empowers individuals to submit necessary forms and manage his EDGAR account, ensuring compliance with SEC regulations regarding ownership disclosures.
Conclusion
The filing provides a comprehensive overview of Anderson's recent stock transactions and his ongoing commitment to National Fuel Gas Company. However, it does not specify any future plans or strategies that may arise from these transactions.