NGL Energy Director James Collingsworth Buys 2,289 Units

What Happened
James M. Collingsworth, a director of NGL Energy Partners LP (NGL), made an open-market purchase of 2,289 partnership units at $17.00 per unit on August 27, 2026, for a total outlay of $38,913. This was a purchase (code P), which is generally viewed as a buy rather than a sell.

Key Details

• Transaction date and price: 2026-08-27, 2,289 units @ $17.00 each.
• Total value: $38,913.
• Shares/units owned after transaction: Not specified in this filing.
• Footnotes:
  • F1: 2,000 of these units are owned jointly by the Reporting Person and his spouse, Cindy Collingsworth.
  • F2/F3: Other lines on the Form 4 report units held by the Reporting Person’s spouse and sister‑in‑law (these footnotes reference other reported holdings).
• Filing timeliness: Form filed 2026-08-28 for a transaction dated 2026-08-27 — within the standard Form 4 reporting window (timely).

Context
Purchases by directors can signal personal confidence but are not proof of future performance; this is a relatively small, routine insider buy (~$39k). The filing does not indicate the reporting person is a 10% owner, and no derivative exercises, gifts, or tax-withholding actions are involved in this reported line.