National Fuel Gas Elects New Directors, Approves Incentive Plan
Ticker: NFG · Form: 8-K · Filed: 2025-06-18T00:00:00.000Z
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: NFG
TL;DR
NFG adds two directors, OKs new executive bonus plan.
AI Summary
National Fuel Gas Company announced on June 13, 2025, changes in its executive and director roles. The company elected two new directors, David P. R. Hearn and John P. Jones, to its Board, effective immediately. Additionally, the compensation committee approved a new Long-Term Incentive Plan for certain officers, with details to be provided in future filings.
Why It Matters
Changes in board composition and executive compensation plans can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board and officer changes and compensation plan approvals, with no immediate financial distress or significant operational disruptions indicated.
Key Players & Entities
- NATIONAL FUEL GAS COMPANY (company) — Registrant
- David P. R. Hearn (person) — Newly Elected Director
- John P. Jones (person) — Newly Elected Director
- June 13, 2025 (date) — Date of earliest event reported
- June 18, 2025 (date) — Filing Date
FAQ
Who are the newly elected directors to the National Fuel Gas Company Board?
The newly elected directors are David P. R. Hearn and John P. Jones.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on June 13, 2025.
What is the principal executive office address for National Fuel Gas Company?
The principal executive office is located at 6363 Main Street, Williamsville, New York 14221.
What is the standard industrial classification for National Fuel Gas Company?
The standard industrial classification is NATURAL GAS DISTRIBUTION [4924].
What type of compensatory arrangement was approved for certain officers?
The compensation committee approved a new Long-Term Incentive Plan for certain officers.
From the Filing
0001193125-25-142824.txt : 20250618 0001193125-25-142824.hdr.sgml : 20250618 20250618172717 ACCESSION NUMBER: 0001193125-25-142824 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250613 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250618 DATE AS OF CHANGE: 20250618 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL FUEL GAS CO CENTRAL INDEX KEY: 0000070145 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] ORGANIZATION NAME: 01 Energy & Transportation EIN: 131086010 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03880 FILM NUMBER: 251057937 BUSINESS ADDRESS: STREET 1: 6363 MAIN STREET CITY: WILLIAMSVILLE STATE: NY ZIP: 14221-5887 BUSINESS PHONE: 716-857-7000 MAIL ADDRESS: STREET 1: 6363 MAIN STREET STREET 2: 6363 MAIN STREET CITY: WILLIAMSVILLE STATE: NY ZIP: 14221-5887 8-K 1 d920645d8k.htm 8-K 8-K NATIONAL FUEL GAS CO false 0000070145 0000070145 2025-06-13 2025-06-13     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): June 13, 2025     NATIONAL FUEL GAS COMPANY (Exact name of registrant as specified in its charter)       New Jersey   1-3880   13-1086010 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification Number) 6363 Main Street Williamsville , New York 14221 (Address of principal executive offices, including zip code) (716) 857-7000 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities Registered Pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $1.00 per share   NFG   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 13, 2025, National Fuel Gas Company (the “Company”) entered into a Consulting Services Agreement (the “Agreement”) with Donna L. DeCarolis, President of National Fuel Gas Distribution Corporation (“Distribution Corporation”), a wholly-owned subsidiary of the Company. As previously disclosed by the Company, Ms. DeCarolis has determined to retire