QUODD

Insider Transactions last 24 months for Adams Natural Resources Fund, Inc. - NYSE: PEO

Transactions
All	Buy	Sell	Option Exercise

Filer's Name	Relationship/ Title	Trans. Date	Trans. Type	Ownership Type	Security Type	Shares	Price	Trans. Value	Total Shares Owned
Saba Capital Management, L.P.	Other	08/01/2025	DS	Indirect	COM	11,270	$21.09	$237,684.30	2,687,324
Saba Capital Management, L.P.	Other	07/31/2025	DS	Indirect	COM	5,491	$21.54	$118,276.14	2,698,594
Saba Capital Management, L.P.	Other	07/30/2025	DS	Indirect	COM	2,701	$21.61	$58,368.61	2,704,085
Saba Capital Management, L.P.	Other	07/25/2025	DS	Indirect	COM	13,627	$22.03	$300,202.81	2,706,786
Saba Capital Management, L.P.	Other	07/24/2025	DS	Indirect	COM	59,983	$22.02	$1,320,825.66	2,720,413
Saba Capital Management, L.P.	Other	07/23/2025	DS	Indirect	COM	7,298	$22.06	$160,993.88	2,780,396
Saba Capital Management, L.P.	Other	07/22/2025	DS	Indirect	COM	23,569	$21.72	$511,918.68	2,787,694
Saba Capital Management, L.P.	Other	07/21/2025	DS	Indirect	COM	14,464	$21.65	$313,145.60	2,811,263
Saba Capital Management, L.P.	Other	07/18/2025	DS	Indirect	COM	15,267	$21.71	$331,446.57	2,825,727
Saba Capital Management, L.P.	Other	07/17/2025	DS	Indirect	COM	13,709	$21.76	$298,307.84	2,840,994
Saba Capital Management, L.P.	Other	07/16/2025	DS	Indirect	COM	14,733	$21.80	$321,179.40	2,854,703
Saba Capital Management, L.P.	Other	07/02/2025	DS	Indirect	COM	7,903	$21.70	$171,495.10	2,869,436
Saba Capital Management, L.P.	Other	06/26/2025	DS	Indirect	COM	459	$21.54	$9,886.86	2,877,339
Saba Capital Management, L.P.	Other	06/25/2025	DS	Indirect	COM	4,656	$21.41	$99,684.96	2,877,798
Saba Capital Management, L.P.	Other	06/24/2025	DS	Indirect	COM	1,742	$21.57	$37,574.94	2,882,454
Saba Capital Management, L.P.	Other	06/23/2025	DS	Indirect	COM	2,396	$22.11	$52,975.56	2,884,196
Saba Capital Management, L.P.	Other	06/20/2025	DS	Indirect	COM	2,401	$22.06	$52,966.06	2,886,592
Buckley Gregory W.	E.V.P.	01/22/2025	AP	Direct	COM	1,450	$23.30	$33,785.00	17,604
Buckley Gregory W.	E.V.P.	12/31/2024	AJ	Direct	COM	1,101	$0.00	$0.00	16,154
Buckley Gregory W.	E.V.P.	10/18/2024	AP	Direct	COM	1,000	$23.98	$23,980.00	15,053
Saba Capital Management, L.P.	Other	09/26/2024	AP	Indirect	COM	16,514	$22.85	$377,344.90	2,888,924
Saba Capital Management, L.P.	Other	09/11/2024	AP	Indirect	COM	7,751	$21.76	$168,661.76	2,872,410
Saba Capital Management, L.P.	Other	09/10/2024	AP	Indirect	COM	10,476	$22.19	$232,462.44	2,864,659
Saba Capital Management, L.P.	Other	09/06/2024	AP	Indirect	COM	170	$22.21	$3,775.70	2,854,183
Saba Capital Management, L.P.	Other	09/05/2024	AP	Indirect	COM	326	$22.36	$7,289.36	2,854,013

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Transaction Type Key First letter: A = Acquired, D = Disposed Second letter: A = Grant, award or other acquisition pursuant to Rule 16b-3(d) C = Conversion of derivative security \| D = Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e) \| E = Expiration of short derivative position \| F = Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. \| G = Gift \| H = Expiration (or cancellation) of long derivative position with value received \| I = Discretionary transaction in accordance with Rule 16b-3(f) \| J = Other \| L = Small acquisition under Rule 16a-6 \| M = Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 \| O = Exercise of out-of-the-money derivative security \| P = Open market or private purchase \| S = Open market or private sale \| U = Disposition pursuant to a tender of shares in a change of control transaction \| W = Acquisition or disposition by will or the laws of descent and distribution \| X = Exercise of in-the-money or at-the-money derivative security \| Z = Deposit into or withdrawal from voting trust		Send to Excel

Transaction Type Key
First letter: A = Acquired, D = Disposed
Second letter:
A = Grant, award or other acquisition pursuant to Rule 16b-3(d) C = Conversion of derivative security | D = Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e) | E = Expiration of short derivative position | F = Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. | G = Gift | H = Expiration (or cancellation) of long derivative position with value received | I = Discretionary transaction in accordance with Rule 16b-3(f) | J = Other | L = Small acquisition under Rule 16a-6 | M = Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | O = Exercise of out-of-the-money derivative security | P = Open market or private purchase | S = Open market or private sale | U = Disposition pursuant to a tender of shares in a change of control transaction | W = Acquisition or disposition by will or the laws of descent and distribution | X = Exercise of in-the-money or at-the-money derivative security | Z = Deposit into or withdrawal from voting trust

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