Romslo Erik J. 4

What Happened
Erik J. Romslo, Chief Legal Officer & Secretary of Northern Oil & Gas, received an award of 10,839 restricted shares under the company's 2018 Equity Incentive Plan (grant recorded 2026-03-16). To satisfy taxes due on the vesting, Romslo surrendered 5,788 shares (disposed) at $27.51 per share, generating proceeds of $159,228 (the surrendered-share price reflects the last closing price on or before the surrender date).

Key Details

• Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (within the typical two-business-day reporting window).
• Award: 10,839 restricted shares (code A); acquisition reported at $0.00 because these are grants.
• Tax withholding: 5,788 shares surrendered (code F) at $27.51/share → $159,228 surrendered value.
• Footnotes: Grant pursuant to the 2018 Equity Incentive Plan; shares were surrendered specifically to pay taxes; $27.51 equals the last closing price used for the withholding.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context

• This was a compensation award (restricted stock) rather than an open-market purchase; the surrender of shares was a standard "sell-to-cover" (tax-withholding) action, not a discretionary market sale intended to realize gains.
• Transaction codes: A = Award/Grant, F = Tax withholding.