4Filed Jul 20, 8:00 PM ET
NXG Cushing Midstream (SRV) Director Alban John Sells 500 Shares
$SRV · NXG Cushing Midstream Energy FundResearch Summary
AI-generated summary of this SEC filing
NXG Cushing Midstream (SRV) Director Alban John Sells 500 Shares
What Happened
Alban John, a director of NXG Cushing Midstream Energy Fund (ticker: SRV), sold 500 shares in an open-market transaction on July 20, 2026. The shares were sold at $47.92 each for a total transaction value of $23,962. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date and price: 2026-07-20 — 500 shares sold at $47.92 per share.
- Total value: $23,962.
- Filing date: Form 4 filed 2026-07-21 (appears timely).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: The filing notes 126 shares were acquired through an Automatic Dividend Reinvestment Plan (DRIP).
- Transaction type: Open-market sale (code S); no 10b5-1 plan, option exercise, gift, or tax-withholding indicated.
Context
Insider sales can be routine (portfolio rebalancing, tax/liquidity needs) and do not by themselves indicate company performance. Because this report shows a straightforward open-market sale by a director and includes no derivatives or special plans, there is no additional execution complexity to note.