National Fuel Gas Co. Updates Executive Compensation with New Incentive Grants and Amended Annual Bonus Plan
National Fuel Gas Company has announced updates to its executive compensation program for fiscal year 2026. The Compensation Committee has granted long-term incentive awards, including performance shares and restricted stock units (RSUs), to the company's principal executive officer, principal financial officer, and other named executive officers. The number of awards is determined by dividing the target dollar amount by a discounted share price. Performance goals for 2026 focus on financial metrics such as EBITDA across various subsidiaries, operational measures like finding and development costs, and strategic objectives. TSR Performance Shares have a performance cycle running from October 1, 2025, through September 30, 2028, and can result in up to two shares of common stock per award if performance targets are met. RSUs will vest in three annual installments beginning December 4, 2026, with unvested portions forfeited upon retirement prior to a vesting date. The company has also amended its annual incentive plan, including a change to the maximum award value.
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