New Fortress Energy owners report 12M underlying shares

The preferred stock will automatically convert on September 11, 2029 at 46.441271 Class A shares per preferred share, subject to adjustment.

Rhea-AI Filing Summary

New Fortress Energy Inc. (NFE) is the issuer of securities reported by three 10% owners: King Street Capital Management GP, L.L.C., King Street Capital Management, L.P., and Brian J. Higgins. As of September 24, 2026, the reported positions included 551,652 Class A common shares and Series A mandatorily convertible preferred stock linked to 11,976,461 underlying Class A common shares. The securities are held in accounts of funds managed and advised by King Street; each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider King Street Capital Management GP, L.L.C., KING STREET CAPITAL MANAGEMENT, L.P., HIGGINS BRIAN J

Role 10% Owner | 10% Owner | 10% Owner

Type	Security	Shares	Price	Value
holding	Series A Mandatorily Convertible Preferred Stock F3, F1, F2	--	--	--
holding	Class A Common Stock, par value $0.01 per share F1, F2	--	--	--

Holdings After Transaction: Series A Mandatorily Convertible Preferred Stock — 11,976,461 contracts (Indirect, See Footnotes); Class A Common Stock, par value $0.01 per share — 551,652 shares (Indirect, See Footnotes)

Footnotes (3)

1. F1. Reflects shares of New Fortress Energy Inc. ("Company") securities held in accounts of funds managed and advised by King Street Capital Management, L.P. ("King Street"). King Street Capital Management GP, L.L.C. ("GP") is the general partner of King Street and Brian J. Higgins is the managing member of GP. As used herein, the "Reporting Persons" means Mr. Higgins, King Street and GP.
2. F2. On the basis of the relationships described in footnote 1, each of the Reporting Persons may be deemed a beneficial owner of the Company securities disclosed herein, but each Reporting Person disclaims beneficial ownership of such Company securities except to the extent of such Reporting Person's pecuniary interest therein, if any, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (the "1934 Act"), each of the Reporting Persons states that the inclusion of such Company securities in this statement shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the 1934 Act or for any other purpose.
3. F3. Each share of Series A Mandatorily Convertible Preferred Stock ("Preferred Stock") will automatically convert on September 11, 2029, the third anniversary of the issue date, into a number of shares of Class A Common Stock equal to 46.441271 shares of Class A Common Stock per share of Preferred Stock, subject to adjustment.

Key Figures

Class A common shares: 551,652 shares Underlying Class A common shares: 11,976,461 shares Conversion ratio: 46.441271 Class A common shares per preferred share +1 more

4 metrics

Class A common shares 551,652 shares Reported position as of September 24, 2026

Underlying Class A common shares 11,976,461 shares Linked to the Series A mandatorily convertible preferred stock

Conversion ratio 46.441271 Class A common shares per preferred share Automatic conversion, subject to adjustment

Automatic conversion date September 11, 2029 Third anniversary of the issue date

Key Terms

Mandatorily Convertible Preferred Stock, beneficial owner, pecuniary interest

3 terms

Mandatorily Convertible Preferred Stock financial

"Each share of Series A Mandatorily Convertible Preferred Stock"

beneficial owner regulatory

"may be deemed a beneficial owner of the Company securities"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

pecuniary interest financial

"except to the extent of such Reporting Person's pecuniary interest therein"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NFE shares are reported?

The reported positions include 551,652 Class A common shares and Series A mandatorily convertible preferred stock linked to 11,976,461 underlying Class A common shares, as of September 24, 2026.

When does NFE's Series A preferred stock convert?

The Series A mandatorily convertible preferred stock will automatically convert on September 11, 2029, the third anniversary of the issue date, into 46.441271 shares of Class A common stock per preferred share, subject to adjustment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/01/2026 - 04:01 PM Accepted by SEC EDGAR 10/01/2026 - 04:01 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

King Street Capital Management GP, L.L.C.

(Last) (First) (Middle)

299 PARK AVENUE

40TH FLOOR

(Street)

NEW YORK NEW YORK 10171

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
09/24/2026

3. Issuer Name and Ticker or Trading Symbol
New Fortress Energy Inc. [ NFE ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock, par value $0.01 per share	551,652	I	See Footnotes(1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series A Mandatorily Convertible Preferred Stock	(3)	(3)	Class A Common Stock	11,976,461	$0(3)	I	See Footnotes(1)(2)

1. Name and Address of Reporting Person^*

King Street Capital Management GP, L.L.C.

(Last) (First) (Middle)

299 PARK AVENUE

40TH FLOOR

(Street)

NEW YORK NEW YORK 10171

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

KING STREET CAPITAL MANAGEMENT, L.P.

(Last) (First) (Middle)

299 PARK AVENUE

40TH FLOOR

(Street)

NEW YORK NEW YORK 10171

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

HIGGINS BRIAN J

(Last) (First) (Middle)

299 PARK AVENUE

40TH FLOOR

(Street)

NEW YORK NEW YORK 10171

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Reflects shares of New Fortress Energy Inc. ("Company") securities held in accounts of funds managed and advised by King Street Capital Management, L.P. ("King Street"). King Street Capital Management GP, L.L.C. ("GP") is the general partner of King Street and Brian J. Higgins is the managing member of GP. As used herein, the "Reporting Persons" means Mr. Higgins, King Street and GP.

2. On the basis of the relationships described in footnote 1, each of the Reporting Persons may be deemed a beneficial owner of the Company securities disclosed herein, but each Reporting Person disclaims beneficial ownership of such Company securities except to the extent of such Reporting Person's pecuniary interest therein, if any, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (the "1934 Act"), each of the Reporting Persons states that the inclusion of such Company securities in this statement shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the 1934 Act or for any other purpose.

3. Each share of Series A Mandatorily Convertible Preferred Stock ("Preferred Stock") will automatically convert on September 11, 2029, the third anniversary of the issue date, into a number of shares of Class A Common Stock equal to 46.441271 shares of Class A Common Stock per share of Preferred Stock, subject to adjustment.

	KING STREET CAPITAL MANAGEMENT, L.P., By: King Street Capital Management GP, L.L.C., its general partner, By: /s/ Ricardo Marano, Ricardo Marano, Chief Compliance Officer	10/01/2026
	KING STREET CAPITAL MANAGEMENT GP, L.L.C., By: /s/ Ricardo Marano, Ricardo Marano, Authorized Signatory	10/01/2026
	/s/ Brian J. Higgins, BRIAN J. HIGGINS	10/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)