Natural Gas Distribution
Standard Industrial Classification: SIC 4924
Industry Insider Sentiment Analysis
The Natural Gas Distribution sector (SIC 4924) acts as a critical barometer for broader economic health. Our real-time monitoring reveals total transactions. Monitoring "cluster buying" is one of the most reliable leading indicators for future sector performance. By analyzing aggregate data across this specific Standard Industrial Classification, investors can filter out individual company volatility and identify high-conviction trends. When multiple directors and officers within the same industry move capital simultaneously, it often signals an upcoming sector-wide revaluation or a fundamental shift in supply chain dynamics that has yet to be recognized by the broader public market.
| Filing Date | Trade Date | Ticker | Company | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-29 23:39 | 2025-12-23 | NJR | NEW JERSEY RESOURCES CORP | Migliaccio Patrick J. | Officer | SELL | $46.46 | 4,017 | $186,630 | 38,065 |
| 2025-12-24 01:22 | 2025-12-22 | NWN | Northwest Natural Holding Co | Saathoff MardiLyn | Officer | SELL | $46.90 | 1 | $53 | 28,458 |
| 2025-12-10 00:07 | 2025-12-05 | VG | Venture Global, Inc. | Earl Thomas | Officer | OPT+S | $6.89 | 1,000,000 | $6,890,000 | 0 |
| 2025-12-06 00:15 | 2025-12-04 | OGS | ONE Gas, Inc. | Hutchinson Michael G | Director | SELL | $78.86 | 3,000 | $236,574 | 14,631 |
| 2025-12-04 19:05 | 2025-12-03 | ATO | ATMOS ENERGY CORP | DONOHUE SEAN | Director | SELL | $171.15 | 450 | $77,018 | 877 |
| 2025-11-21 01:49 | 2025-11-18 | VG | Venture Global, Inc. | Musser Fory | Officer | OPT+S | $7.96 | 1,000,000 | $7,961,400 | 0 |
| 2025-11-19 03:46 | 2025-11-14 | VG | Venture Global, Inc. | Musser Fory | Officer | OPT+S | $8.05 | 1,000,000 | $8,053,300 | 0 |
| 2025-11-19 03:46 | 2025-11-17 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director | SELL | $47.95 | 7,468 | $358,083 | 36,954 |
| 2025-11-18 04:01 | 2025-11-13 | VG | Venture Global, Inc. | Larson Keith D | Officer | OPT+S | $8.11 | 482,699 | $3,912,710 | 0 |
| 2025-11-06 00:44 | 2025-11-04 | LNG | Cheniere Energy, Inc. | MORELAND W BENJAMIN | Director | BUY | $208.22 | 5,000 | $1,041,096 | 9,856 |
| 2025-10-22 23:56 | 2025-10-20 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director | SELL | $46.39 | 7,500 | $347,951 | 44,422 |
| 2025-10-17 01:37 | 2025-10-15 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director | SELL | $45.00 | 10,509 | $472,912 | 51,922 |
| 2025-10-15 01:26 | 2025-10-10 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director | SELL | $45.00 | 4,930 | $221,850 | 62,431 |
| 2025-10-03 01:14 | 2025-09-30 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director | SELL | $45.01 | 4,561 | $205,277 | 67,361 |
| 2025-09-19 23:37 | 2025-09-18 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director | SELL | $42.13 | 7,795 | $328,434 | 71,922 |
| 2025-09-18 02:55 | 2025-09-15 | VG | Venture Global, Inc. | Earl Thomas | Officer | OPT+S | $13.69 | 500,000 | $6,845,000 | 0 |
| 2025-09-16 03:42 | 2025-09-11 | VG | Venture Global, Inc. | Earl Thomas | Officer | OPT+S | $13.72 | 1,000,000 | $13,716,000 | 0 |
| 2025-08-25 23:43 | 2025-08-21 | VG | Venture Global, Inc. | Larson Keith D | Officer | OPT+S | $13.03 | 489,009 | $6,369,880 | 0 |
| 2025-08-21 01:44 | 2025-08-19 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director | SELL | $40.43 | 7,574 | $306,212 | 79,717 |
| 2025-07-23 02:47 | 2025-07-21 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director | SELL | $41.96 | 7,500 | $314,669 | 87,291 |
| 2025-07-02 23:39 | 2025-06-30 | VG | Venture Global, Inc. | Pender Robert B | Director, Officer, 10% owner | BUY | $15.95 | 1,226 | $19,555 | 1,187,111 |
| 2025-06-24 23:49 | 2025-06-20 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director | SELL | $39.68 | 7,500 | $297,611 | 94,791 |
| 2025-06-23 23:34 | 2025-06-18 | NJR | NEW JERSEY RESOURCES CORP | Migliaccio Patrick J. | Officer | SELL | $44.22 | 1,500 | $66,330 | 35,690 |
| 2025-06-07 00:50 | 2025-06-05 | LNG | Cheniere Energy, Inc. | SHEAR NEAL A | Director | SELL | $245.93 | 4,300 | $1,057,492 | 29,733 |
| 2025-05-24 00:33 | 2025-05-21 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director | SELL | $40.99 | 7,591 | $311,176 | 102,291 |
| 2025-05-15 17:40 | 2025-05-14 | ATO | ATMOS ENERGY CORP | COCKLIN KIM R | Director | SELL | $150.98 | 15,000 | $2,264,685 | 172,632 |
| 2025-04-23 23:47 | 2025-04-21 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director | SELL | $43.00 | 7,500 | $322,505 | 109,882 |
| 2025-04-01 16:32 | 2025-03-31 | NJR | NEW JERSEY RESOURCES CORP | Bel Roberto | Officer | SELL | $50.00 | 1,173 | $58,650 | 22,649 |
| 2025-04-02 01:31 | 2025-03-31 | NWN | Northwest Natural Holding Co | Weber David A. | Officer | SELL | $42.46 | 2,183 | $92,699 | 255 |
| 2025-03-26 23:20 | 2025-03-24 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director, Officer | SELL | $41.46 | 7,500 | $310,973 | 117,382 |
| 2025-03-26 23:17 | 2025-02-26 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director, Officer | SELL | $42.00 | 2,588 | $108,696 | 151,242 |
| 2025-03-25 23:49 | 2025-03-24 | NJR | NEW JERSEY RESOURCES CORP | Bel Roberto | Officer | SELL | $48.58 | 2,346 | $113,964 | 23,822 |
| 2025-03-20 23:15 | 2025-03-18 | OGS | ONE Gas, Inc. | Hutchinson Michael G | Director | SELL | $74.03 | 1,200 | $88,836 | 15,726 |
| 2025-03-15 03:48 | 2025-03-14 | VG | Venture Global, Inc. | Sabel Michael | Director, Officer, 10% owner | BUY | $10.53 | 234,500 | $2,469,285 | 1,185,885 |
| 2025-03-15 03:43 | 2025-03-14 | VG | Venture Global, Inc. | Pender Robert B | Director, Officer, 10% owner | BUY | $10.53 | 234,500 | $2,469,285 | 1,185,885 |
| 2025-03-14 02:36 | 2025-03-13 | VG | Venture Global, Inc. | Pender Robert B | Director, Officer, 10% owner | BUY | $10.32 | 231,500 | $2,388,038 | 951,385 |
| 2025-03-14 02:35 | 2025-03-13 | VG | Venture Global, Inc. | Sabel Michael | Director, Officer, 10% owner | BUY | $10.31 | 231,500 | $2,387,575 | 951,385 |
| 2025-03-13 19:15 | 2025-03-13 | NFE | New Fortress Energy Inc. | Guinta Christopher S. | Officer | BUY | $8.57 | 5,000 | $42,850 | 206,653 |
| 2025-03-14 02:37 | 2025-03-11 | VG | Venture Global, Inc. | STATON JIMMY D | Director | BUY | $10.13 | 49,000 | $496,370 | 49,000 |
| 2025-03-13 03:51 | 2025-03-12 | VG | Venture Global, Inc. | Pender Robert B | Director, Officer, 10% owner | BUY | $10.39 | 269,500 | $2,798,838 | 719,885 |
| 2025-03-13 03:49 | 2025-03-12 | VG | Venture Global, Inc. | Sabel Michael | Director, Officer, 10% owner | BUY | $10.38 | 269,500 | $2,797,626 | 719,885 |
| 2025-03-12 19:22 | 2025-03-12 | NFE | New Fortress Energy Inc. | EDENS WESLEY R | Director, Officer, 10% owner | BUY | $9.07 | 100,000 | $907,000 | 36,021,915 |
| 2025-03-12 02:13 | 2025-03-11 | VG | Venture Global, Inc. | Pender Robert B | Director, Officer, 10% owner | BUY | $9.86 | 200,385 | $1,975,796 | 450,385 |
| 2025-03-12 02:12 | 2025-03-11 | VG | Venture Global, Inc. | Sabel Michael | Director, Officer, 10% owner | BUY | $9.86 | 200,385 | $1,975,796 | 450,385 |
| 2025-03-11 16:36 | 2025-03-10 | VG | Venture Global, Inc. | Pender Robert B | Director, Officer, 10% owner | BUY | $9.37 | 250,000 | $2,342,500 | 250,000 |
| 2025-03-11 16:36 | 2025-03-10 | VG | Venture Global, Inc. | Sabel Michael | Director, Officer, 10% owner | BUY | $9.37 | 250,000 | $2,342,500 | 250,000 |
| 2025-03-11 20:21 | 2025-03-11 | NFE | New Fortress Energy Inc. | EDENS WESLEY R | Director, Officer, 10% owner | BUY | $8.77 | 200,000 | $1,754,000 | 35,921,915 |
| 2025-03-06 00:53 | 2025-03-03 | NWN | Northwest Natural Holding Co | ANDERSON DAVID HUGO | Director, Officer | SELL | $42.01 | 15,452 | $649,063 | 138,378 |
| 2025-03-01 01:36 | 2025-02-27 | LNG | Cheniere Energy, Inc. | BOTTA G ANDREA | Director | SELL | $219.51 | 9,000 | $1,975,591 | 33,934 |
| 2025-03-01 00:14 | 2025-02-28 | SLNG | Stabilis Solutions, Inc. | KUNTZ EDWARD L | Director | BUY | $5.06 | 4,000 | $20,240 | 62,172 |
Sector-Wide Insider Alpha
Analyzing insider movements across the Natural Gas Distribution sector provides a macro-view of executive conviction. When multiple leaders in different companies within the same SIC code (4924) simultaneously buy shares, it often indicates an industry-wide undervaluation or a positive shift in market cycles.
SEC Filings in Natural Gas Distribution
Every transaction in the Natural Gas Distribution industry is reported via Form 4 disclosures. By filtering these filings by industry, investors can detect institutional-scale sentiment shifts before they are reflected in broader market indices, following the capital flow of those with intimate industry knowledge.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.