Research Summary
AI-generated summary of this SEC filing
STAR Group COO Jeffrey Hammond Buys 105 Common Units
What Happened
- Jeffrey S. Hammond, Chief Operating Officer of STAR Group, L.P. (SGU), acquired 104.856 common units on 2025-11-05 in an open-market/private purchase transaction (code P).
- The units were acquired at $11.99 each for a total value of about $1,257. This was a purchase (adds to insider holdings), not a sale.
Key Details
- Transaction date and price: 2025-11-05 at $11.99 per common unit.
- Quantity: 104.856 common units (reported as acquired).
- Total transaction value: approximately $1,257.
- Shares owned after transaction: not disclosed in the information provided on this Form 4.
- Footnote / timeliness: The Form 4 was filed late. The filing states the units were inadvertently purchased for the reporting person through an automatic brokerage distribution/reinvestment program without his knowledge, which delayed the report.
Context
- This is a small, routine purchase via a reinvestment program rather than a large directional trade by management. Late filing affects timeliness of public disclosure but does not change the recorded transaction details. As always, purchases can be informative but do not by themselves prove insider sentiment.