David Bauer compensation by year
NATIONAL FUEL GAS Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $459,537 | $537,500 | $587,500 | $667,500 | $875,000 | $937,500 | $972,500 | $1,025,000 | $1,070,000 | $1,095,000 |
| Bonus | — | — | $31,872 | $0 | $0 | $0 | $0 | $0 | $0 | $291,544 |
| Stock awards | $336,072 | $704,902 | $724,657 | $1,351,675 | $1,945,917 | $3,476,073 | $3,657,593 | $3,999,543 | $4,097,448 | $4,170,593 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $333,508 | $544,246 | $549,019 | $599,248 | $1,056,125 | $1,425,375 | $1,610,703 | $1,326,094 | $1,478,606 | $1,881,347 |
| Pension and deferred compensation | $330,362 | $253,874 | $268,191 | $817,243 | $937,392 | $955,805 | $53,382 | $1,244,524 | $1,819,723 | $1,450,376 |
| All other | $48,558 | $65,674 | $68,805 | $75,817 | $145,481 | $156,886 | $184,248 | $175,141 | $187,389 | $230,595 |
| Total | $1,508,037 | $2,106,196 | $2,230,044 | $3,511,483 | $4,959,915 | $6,951,639 | $6,478,426 | $7,770,302 | $8,653,166 | $9,119,455 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NATIONAL FUEL GAS CO DEF 14A filed January 23, 2026, accession 0001193125-26-020739, and prior-year filings. Open the filing on EDGAR.
How this page was built: the NATIONAL FUEL GAS CO filed document, accession 0001193125-26-020739. Every figure is read from that document and cited to the page and table it appears in. Filed January 23, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 56,982 | $5,263,427 | — |
| RSU | 46,844 | $4,326,980 | — |
| RSU | 39,848 | $3,680,760 | — |
| RSU | 24,076 | $2,223,900 | — |
| RSU | 19,924 | $1,840,380 | — |
| RSU | 19,374 | $1,789,576 | — |
| RSU | 6,845 | $632,273 | — |
| RSU | 1,819 | $168,021 | — |
| RSU | 1,495 | $138,093 | — |
| RSU | 1,272 | $117,495 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in NATIONAL FUEL GAS CO's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
7 Form 4 lines since the FY2025 proxy (filed January 23, 2026)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-09-16 | Tax withholding | — | 181 | $81.52 | 76,954 |
| 2026-09-16 | Grant or award | — | 5,088 | $0.00 | 77,135 |
| 2026-09-16 | Grant or award derivative | — | 4,907 | — | 288,337 |
| 2026-09-16 | Disposition to the issuer | — | 4,907 | — | 72,047 |
| 2026-07-15 | Other derivative | — | 1,953 | $79.99 | 283,430 |
| 2026-04-15 | Other derivative | — | 1,673 | $89.49 | 281,477 |
| 2026-01-15 | Other derivative | — | 1,829 | $81.29 | 279,804 |
The 7 most recent of 7 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
NATIONAL FUEL GAS’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| David Bauer · this page | President and Chief Executive Officer | $9,119,455 |
| Justin Loweth | President of Seneca Resources Company, LLC | $4,043,040 |
| Ronald Kraemer | Former Chief Operating Officer | $3,225,319 |
| Donna DeCarolis | Former President of National Fuel Gas Distribution Corporation | $2,421,995 |
| Joseph Del Vecchio | President of National Fuel Gas Supply Corporation | $2,124,369 |
| Timothy Silverstein | Treasurer and Chief Financial Officer | $1,973,763 |
| Martin Krebs | Chief Information Officer | $1,298,071 |
Board service
NATIONAL FUEL GAS board · FY2022–FY2025How this board is paid
Company policy: NATIONAL FUEL GAS pays directors a $115,000 cash retainer and $175,000 in Common Stock. As stated in NATIONAL FUEL GAS's FY2025 proxy.
Committees
EXECUTIVE
The full NATIONAL FUEL GAS compensation record
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Peer companies
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are NATIONAL FUEL GAS's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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