NGL Energy (NGL) Director Raymond John T Buys 300,000 Shares

What Happened

• Raymond John T, a director of NGL Energy Partners LP (NGL), reported a purchase of 300,000 common units on 2026-08-25. The transaction is reported as a purchase (Form 4 code P — open market or private purchase) at a weighted average price of $16.98, for a total value of approximately $5,094,000.
• This was a buy (acquisition) rather than a sale.

Key Details

• Transaction date: 2026-08-25; Filing date: 2026-08-26 (appears timely — Form 4s are generally due within 2 business days).
• Price: Weighted average $16.98; footnote states the price range for the purchases was $16.66 to $17.00 and that a per-price breakdown is available on request.
• Shares acquired: 300,000 common units; Total value: ~$5,094,000.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The reported price is a weighted average across multiple executions; detailed per-price quantities can be provided to the SEC staff, issuer, or a security holder upon request.
• No 10b5‑1 plan, tax‑withholding, option exercise, gift, or other special conditions were disclosed in this filing.

Context

• Purchases by directors are often watched by investors as a signal of insider buying interest, but the filing itself does not state a motive. This transaction is a straightforward purchase reported on Form 4.