NXG CEO John Musgrave Buys 134 Shares

What Happened

• John M. Musgrave, CEO, President and a director of NXG NextGen Infrastructure Income Fund (NXG), acquired 134 common shares on May 7, 2026 at $58.45 per share, a total cost of about $7,832. The purchase was made by exercising transferrable rights from the fund's rights offering (subscription price $58.45). The filing reports this as a purchase (transaction code P).

Key Details

• Transaction date: May 7, 2026; Filed: May 8, 2026 (timely filing).
• Price and size: 134 shares at $58.45 each; total ≈ $7,832.
• Acquisition method: Exercise of transferrable rights from the offering that expired April 30, 2026 (shares confirmed to holders on May 7, 2026). (Footnote F1)
• Extra detail: The reported share total includes 7.7363 shares acquired through NXG’s Automatic Dividend Reinvestment Plan (DRIP). (Footnote F2)
• Shares owned after transaction: Not specified in the provided excerpt.
• Transaction code: P = Purchase.

Context

• This was a direct purchase via rights exercise rather than an option exercise or open-market opportunistic buy; such purchases by executives are often noted by investors as a positive signal, but they do not prove future performance. The filing was submitted the next day, so there is no late-filing flag in this record.