Sunderland Todd 4

What Happened
Todd Sunderland, COO of NXG NextGen Infrastructure Income Fund (NXG), purchased 2,000 shares on 2026-03-10 in open-market/private purchases at a weighted average price of $52.66, for a total of $105,320. The filing notes the shares were acquired in multiple trades that day with transaction prices ranging from $51.96 to $52.78.

Key Details

• Transaction date: 2026-03-10 (filed 2026-03-11)
• Action: Purchase (Code P) — 2,000 shares acquired
• Reported weighted-average price: $52.66; price range on the day: $51.96–$52.78 (Footnote F1)
• Total reported spend: $105,320
• Shares owned after transaction: Not specified in the information provided in this summary
• Footnotes: F2 and F3 note 27.996 and 48.442 shares were acquired previously via an automatic dividend reinvestment plan (DRIP) — these are fractional DRIP shares referenced in the filing
• Filing timeliness: Filed the next calendar day (timely; not marked late)

Context
Executive purchases like this are direct purchases of company stock and are often viewed by investors as a positive signal because the insider is adding personal capital. This transaction is a straightforward open-market purchase (no option exercise, gift, or tax-withholding event reported). The trade size (~$105k) is modest relative to large institutional trades but does increase the COO’s stake by 2,000 shares (plus any fractional DRIP shares noted).