NGL Energy director buys 300,000 units at $16.98
NGL Energy Partners LP (NGL) director John T. Raymond reported an open-market purchase of 300,000 Common Units on 2026-08-25 at a weighted average price of $16.98 per unit, with individual trade prices ranging from $16.66 to $17.00.
Rhea-AI Filing Summary
NGL Energy Partners LP (NGL) director John T. Raymond reported an open-market purchase of 300,000 Common Units on 2026-08-25 at a weighted average price of $16.98 per unit, with individual trade prices ranging from $16.66 to $17.00. Following this transaction, Raymond directly holds 376,626 Common Units of NGL Energy Partners LP.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 300,000 shares
Net Buy
1 txn
Insider
RAYMOND JOHN T
Role
Director
Bought
300,000 shs ($5.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Units F1 | 300,000 | $16.98 | $5.09M |
Holdings After Transaction:
Common Units — 376,626 shares (Direct)
Footnotes (1)
- F1. The price is the weighted average price for the common units reported on this line. The price range for the transactions reported is between $16.66 and $17.00. Complete information regarding the number of common units purchased at each separate price will be provided upon request by the Commission Staff, the Issuer or a security holder of the Issuer.
Key Figures
Common Units purchased: 300,000 Common Units
Weighted average purchase price: $16.98 per unit
Price range of purchases: $16.66–$17.00 per unit
+2 more
5 metrics
Common Units purchased
300,000 Common Units
Open-market or private purchase on 2026-08-25
Weighted average purchase price
$16.98 per unit
Price for 300,000 Common Units purchased on 2026-08-25
Price range of purchases
$16.66–$17.00 per unit
Range of prices paid for the reported Common Units
Units owned after transaction
376,626 Common Units
Direct holdings of John T. Raymond following the purchase
Net buy-sell shares in filing
300,000 Common Units
Net effect of reported transactions in this Form 4
Key Terms
Form 4, weighted average price, Common Units, open market or private transaction
4 terms
Form 4 regulatory
"NGL Energy Partners LP reported this insider transaction on Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
weighted average price financial
"The price is the weighted average price for the common units"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Units financial
"The price is the weighted average price for the 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 or private transaction financial
"Purchase in open market or private transaction"
FAQ
What insider transaction did NGL (NGL Energy Partners LP) report in this Form 4?
NGL Energy Partners LP reported that director John T. Raymond purchased 300,000 Common Units on 2026-08-25 in an open-market or private transaction.
At what price did the NGL (NGL Energy Partners LP) insider buy the units?
The purchase by John T. Raymond was made at a weighted average price of $16.98 per unit, with individual transaction prices ranging between $16.66 and $17.00 as disclosed in the footnote.
How many NGL (NGL Energy Partners LP) units does the insider hold after this transaction?
After the reported purchase, director John T. Raymond directly holds 376,626 Common Units of NGL Energy Partners LP.
Was the NGL (NGL Energy Partners LP) insider transaction under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox as false, meaning the reported transaction was not affirmed as being made under a Rule 10b5-1 trading plan.
What type of security did the NGL (NGL Energy Partners LP) director purchase?
Director John T. Raymond purchased Common Units of NGL Energy Partners LP in this Form 4 transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.