4Filed Aug 24, 8:00 PM ET

NXG (SRV) Director Alban John Sells 500 Shares

$SRV · NXG Cushing Midstream Energy Fund

Research Summary

AI-generated summary of this SEC filing

Updated

NXG (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 August 24, 2026, at $45.65 per share, generating $22,825. This was a sale (S code) and not a purchase; sales are often routine and do not necessarily signal a change in company outlook.

Key Details

  • Transaction date: 2026-08-24; Price: $45.65 per share; Total proceeds: $22,825.
  • Transaction type: Open-market sale (reported as S).
  • Shares owned after transaction: not specified in the provided data / filing excerpt.
  • Footnote F1: Includes 12 shares acquired through an automatic Dividend Reinvestment Plan (DRIP) — these 12 shares are included in the reported holdings.
  • Filing date: 2026-08-25 (filed the next day); appears timely under Form 4 reporting rules.

Context
Sales by directors can be for many personal reasons (diversification, taxes, liquidity) and are not definitive indicators of company performance. For retail investors, purchases can be more informative than routine sales; treat this single open-market sale as a factual record rather than a market signal.