NGL Energy Partners (NYSE: NGL) grants CFO 600,000 restricted units
Rhea-AI Filing Summary
Cooper Bradley P reported acquisition or exercise transactions in this Form 4 filing.
NGL Energy Partners LP granted its CFO & EVP, Bradley P. Cooper, 600,000 restricted Common Units under the NGL Long Term Incentive Plan on 2026-07-15. These restricted units vest in installments under an award agreement and are explicitly described as not an open market purchase, bringing his direct holdings to 800,000 Common Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cooper Bradley P
Role
CFO & EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units | 600,000 | $0.00 | -- |
Holdings After Transaction:
Common Units — 800,000 shares (Direct)
Footnotes (1)
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Key Figures
Restricted units granted: 600,000 units
Grant price per unit: $0.0000
Holdings after grant: 800,000 units
+1 more
4 metrics
Restricted units granted
600,000 units
Common Units granted to CFO & EVP Bradley P. Cooper on 2026-07-15
Grant price per unit
$0.0000
Reported transaction price per Common Unit for the restricted unit award
Holdings after grant
800,000 units
Total Common Units directly owned by Bradley P. Cooper following the grant
Transaction date
2026-07-15
Date of the restricted Common Unit grant to Bradley P. Cooper
Key Terms
restricted units, NGL Long Term Incentive Plan, Common Units, open market purchase
4 terms
restricted units financial
"Represents restricted units granted under the NGL Long Term Incentive Plan."
NGL Long Term Incentive Plan financial
"Restricted units granted under the NGL Long Term Incentive Plan."
Common Units financial
"Security title for the reported transaction is Common Units."
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
open market purchase financial
"This is not an open market purchase of securities."
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did NGL (NGL) grant to CFO Bradley P. Cooper?
NGL Energy Partners granted CFO Bradley P. Cooper 600,000 restricted Common Units. The grant was made at a reported price of $0.0000 per unit as part of an equity award under its long term incentive plan, subject to vesting.
How do the newly granted NGL (NGL) units to the CFO vest?
The 600,000 restricted units granted to Bradley P. Cooper vest in installments according to the restricted unit award agreement. They were issued under NGL’s Long Term Incentive Plan, tying the award to ongoing service and performance conditions over time.
Did Bradley P. Cooper buy NGL (NGL) units on the open market?
No. The 600,000 units are described as a restricted unit grant, and the footnote states, “This is not an open market purchase of securities.” The units were issued as compensation under the NGL Long Term Incentive Plan.
How many NGL (NGL) units does the CFO own after this award?
After the restricted unit grant, Bradley P. Cooper is shown as directly owning 800,000 Common Units of NGL Energy Partners. This figure reflects his total direct holdings immediately following the reported equity award transaction.
What type of ownership is reported for Bradley P. Cooper’s NGL (NGL) units?
All reported NGL Energy Partners units for Bradley P. Cooper are classified as direct ownership (code “D”). The 600,000-unit restricted award and the resulting total of 800,000 Common Units are both held directly in his name.