NGL Energy director buys 2,289 units at $17
NGL Energy Partners LP (NGL) director James M. Collingsworth reported purchasing 2,289 Common Units on August 27, 2026 in an open-market or private transaction at $17.00 per unit.
Rhea-AI Filing Summary
NGL Energy Partners LP (NGL) director James M. Collingsworth reported purchasing 2,289 Common Units on August 27, 2026 in an open-market or private transaction at $17.00 per unit. Following this purchase, he directly holds 766,797 Common Units, including 2,000 units owned jointly with his spouse. Additional units are held indirectly through accounts of his spouse and of his spouse and sister-in-law.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,289 shares
Net Buy
3 txns
Insider
COLLINGSWORTH JAMES M
Role
Director
Bought
2,289 shs ($39K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Units F1 | 2,289 | $17.00 | $39K |
| holding | Common Units F2 | -- | -- | -- |
| holding | Common Units F3 | -- | -- | -- |
Holdings After Transaction:
Common Units — 766,797 shares (Direct);
Common Units — 10,370 shares (Indirect, SEE FN)
Footnotes (3)
- F1. 2,000 of these units are owned jointly by the Reporting Person and his spouse, Cindy Collingsworth
- F2. The units reported on this line are held jointly by the Reporting Person's spouse and sister-in-law.
- F3. The units reported on this line are held by the Reporting Person's spouse.
Key Figures
Common Units purchased: 2,289 units
Purchase price per Common Unit: $17.00
Direct Common Units held after transaction: 766,797 units
+2 more
5 metrics
Common Units purchased
2,289 units
Purchase on August 27, 2026 by director James M. Collingsworth
Purchase price per Common Unit
$17.00
Open-market or private purchase on August 27, 2026
Direct Common Units held after transaction
766,797 units
Direct holdings of James M. Collingsworth following the reported purchase
Jointly owned units with spouse included in direct holdings
2,000 units
Portion of direct holdings owned jointly with spouse Cindy Collingsworth
Net buy-sell shares in this Form 4
2,289 units
Net effect of reported transactions is a net-buy of 2,289 units
Key Terms
Common Units, open-market or private transaction, indirect ownership
3 terms
Common Units financial
"2,289 Common Units on August 27, 2026 in an open-market"
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 or private transaction financial
"purchase in an open-market or private transaction at $17.00"
indirect ownership financial
"units are held indirectly through accounts of his spouse"
FAQ
What insider transaction did NGL director James M. Collingsworth report on this Form 4 for NGL?
He reported buying 2,289 Common Units of NGL on August 27, 2026 at $17.00 per unit in an open-market or private transaction, increasing his directly held position to 766,797 Common Units, including 2,000 units owned jointly with his spouse.
How many NGL Common Units does James M. Collingsworth directly own after this reported transaction for NGL?
After the reported purchase, James M. Collingsworth directly owns 766,797 Common Units of NGL, which includes 2,000 units held jointly with his spouse. This figure reflects only his direct holdings, separate from units held indirectly through family accounts.
At what price did James M. Collingsworth purchase NGL Common Units in this Form 4 filing?
He purchased the NGL Common Units at a price of $17.00 per unit. The filing characterizes the transaction as a purchase in an open-market or private transaction on August 27, 2026, for a total of 2,289 units acquired.
Does the Form 4 for NGL indicate any indirect ownership by James M. Collingsworth?
Yes. The Form 4 states that additional NGL Common Units are held jointly by his spouse and sister-in-law and some are held by his spouse. These positions are reported as indirect ownership, separate from his 766,797 directly held units.
Was the NGL Form 4 transaction by James M. Collingsworth under a Rule 10b5-1 plan?
No. The filing leaves the Rule 10b5-1 trading plan box unchecked, and there is no footnote indicating that the August 27, 2026 purchase of 2,289 NGL Common Units was made pursuant to a Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
