NGL Director John T. Raymond Buys 26,626 Shares

What Happened
John T. Raymond, a director of NGL Energy Partners LP (NGL), purchased a total of 26,626 common units in two open‑market transactions. On 2026-08-21 he acquired 1,126 units at $16.25 each ($18,298) and on 2026-08-24 he acquired 25,500 units at $16.22 each ($413,704). Combined, the purchases total approximately $432,002. These were purchases (insider buys), which are often viewed as more informative than routine sales.

Key Details

• Transaction type: Open market purchases (Code P)
• Dates and reported prices:
  • 2026-08-21 — 1,126 units @ $16.25 = $18,298
  • 2026-08-24 — 25,500 units @ $16.22 = $413,704
• Total acquired: 26,626 units for ~$432,002
• Filing: Form 4 filed 2026-08-25 (covers transactions dated Aug 21 & Aug 24) — filing appears timely under Form 4 rules
• Shares owned after transaction: Not disclosed in the provided filing information
• Footnote: The filing reports a weighted average price and notes the transaction price range was $15.92 to $16.40; per the footnote, detailed per‑trade pricing is available to the SEC, the issuer, or a security holder on request (Footnote F1)

Context
These were straightforward open‑market purchases by a company director rather than option exercises, gifts, or tax‑withholding events. Purchases by insiders can signal confidence but do not guarantee future performance; this summary is factual and does not speculate on the director’s motives.