4Filed Aug 25, 8:00 PM ET

NGL Energy Director James Collingsworth Buys 11,008 Shares

$NGL · NGL Energy Partners LP

Research Summary

AI-generated summary of this SEC filing

Updated

NGL Energy Director James Collingsworth Buys 11,008 Shares

What Happened

  • James M. Collingsworth, a director of NGL Energy Partners LP (NGL), made open-market purchases of the partnership's common units: 10,808 units on Aug 25, 2026 at an average price of $16.82 ($181,834) and 200 units on Aug 26, 2026 at $16.96 ($3,392). Total acquired: 11,008 units for roughly $185,226. These were purchases (code P), which are typically interpreted as insider buying rather than selling.

Key Details

  • Transaction dates and prices:
    • 2026-08-25: 10,808 units @ $16.82 — $181,834
    • 2026-08-26: 200 units @ $16.96 — $3,392
  • Total acquired: 11,008 units for ~ $185,226.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes of note:
    • F1: Reported price is a weighted average; individual trades ranged between $16.38 and $17.00. A full breakdown by price can be provided to the SEC or issuer on request.
    • F2–F4: Some units are held jointly with family members: 2,000 units jointly with spouse (Cindy Collingsworth), other reported units held jointly by spouse and sister‑in‑law, and some units held by spouse.
  • Filing timeliness: Reported on 2026-08-26 for transactions on 2026-08-25 and 08-26 — appears timely under standard Form 4 reporting rules.

Context

  • These were open-market purchases (P), not option exercises or gifts; purchases are often considered more informative than sales because they reflect an insider acquiring additional units, though they do not prove future company performance. No 10b5-1 plans, tax-withholding, or sale activity are indicated in the provided lines.