Mullins Andrea 4
Research Summary
AI-generated summary
NXG Director Andrea Mullins Buys 155 Shares
What Happened Andrea Mullins, a director of NXG NextGen Infrastructure Income Fund (NXG), purchased 155 shares in an open-market/private purchase on 2026-02-06 at $51.30 per share, for a reported total of $7,952. This transaction is a purchase (buy), which investors often view as more informative than routine insider sales.
Key Details
- Transaction date and price: 2026-02-06 — 155 shares at $51.30 each.
- Reported total value: $7,952 (per the filing).
- Shares owned after transaction: not disclosed in this filing.
- Footnote: the 155-share amount "includes 9.1084 shares" acquired through an Automatic Dividend Reinvestment Plan (DRIP).
- Filing: Form 4 filed 2026-02-09; no late filing indicated (filed within the usual SEC reporting window).
Context
- The purchase includes DRIP-acquired shares, which are automatic reinvestments of dividends rather than a separate discretionary buy; DRIP amounts can include fractional shares.
- As a director (not a 10% owner), this reporting reflects individual insider activity. Purchases can signal confidence but do not prove future performance—this is factual reporting, not investment advice.