NGL Energy director buys 26,626 units at $16

NGL Energy Partners LP (NGL) director John T. Raymond reported open-market purchases of the partnership’s Common Units.

Rhea-AI Filing Summary

NGL Energy Partners LP (NGL) director John T. Raymond reported open-market purchases of the partnership’s Common Units. On 2026-08-24 he purchased 25,500 units at a weighted average price of $16.2237 per unit, with trade prices ranging from $15.92 to $16.40. On 2026-08-21 he purchased 1,126 units at $16.25 per unit, for total reported purchases of 26,626 Common Units.

Insider Trade Summary

Net Buyer: 26,626 shares

Net Buy 2 txns

Insider RAYMOND JOHN T

Role Director

Bought 26,626 shs ($432K)

Type	Security	Shares	Price	Value
Purchase	Common Units F1	25,500	$16.2237	$414K
Purchase	Common Units	1,126	$16.25	$18K

Holdings After Transaction: Common Units — 76,626 shares (Direct)

Footnotes (1)

1. F1. The price is the weighted average price for the common units reported on this line. The price range from the transactions reported is between $15.92 and $16.40. 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 (2026-08-24): 25,500 units Weighted average price (2026-08-24): $16.2237 per unit Price range (2026-08-24 trades): $15.92–$16.40 per unit +3 more

6 metrics

Common Units purchased (2026-08-24) 25,500 units Open-market purchase of NGL Common Units by director John T. Raymond

Weighted average price (2026-08-24) $16.2237 per unit Weighted average for purchases between $15.92 and $16.40

Price range (2026-08-24 trades) $15.92–$16.40 per unit Range of prices for the units included in the weighted average

Common Units purchased (2026-08-21) 1,126 units Open-market purchase of NGL Common Units by director John T. Raymond

Purchase price (2026-08-21) $16.25 per unit Price per unit for the 1,126 Common Units purchased

Total Common Units purchased in filing 26,626 units Sum of all reported Common Unit purchases in this Form 4

Key Terms

Common Units, weighted average price, open market or private transaction

3 terms

Common Units financial

"reported open-market purchases of the partnership’s 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.

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.

open market or private transaction financial

"transaction code P described as Purchase in open market or private transaction"

FAQ

What insider transactions did director John T. Raymond report for NGL on this Form 4?

He reported two open-market purchases of NGL Energy Partners LP Common Units: 25,500 units on 2026-08-24 and 1,126 units on 2026-08-21, for total reported purchases of 26,626 units.

How many NGL (NGL) Common Units did John T. Raymond buy on 2026-08-24?

On 2026-08-24, John T. Raymond purchased 25,500 Common Units of NGL Energy Partners LP at a weighted average price of $16.2237 per unit, with individual trade prices ranging between $15.92 and $16.40.

What price did John T. Raymond pay for NGL (NGL) units on 2026-08-21?

On 2026-08-21, he purchased 1,126 Common Units of NGL Energy Partners LP at a price of $16.25 per unit in an open-market or private transaction reported with transaction code P.

Were the reported NGL (NGL) insider transactions buys or sells?

Both reported transactions were purchases of NGL Energy Partners LP Common Units. The Form 4 shows transaction code P with an acquired/disposed code of A for each, indicating acquisitions rather than sales.

Did the Form 4 report any derivative securities for NGL (NGL)?

No. The Form 4 data show no derivative transactions and an empty derivative position summary, indicating only non-derivative Common Unit purchases were reported in this filing.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/25/2026 - 11:56 AM Accepted by SEC EDGAR 08/25/2026 - 11:55 AM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RAYMOND JOHN T

(Last) (First) (Middle)

C/O THE ENERGY & MINERALS GROUP

2229 SAN FELIPE STREET, SUITE 1300

(Street)

HOUSTON TEXAS 77019

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NGL Energy Partners LP [ NGL ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Units	08/21/2026		P		1,126	A	$16.25	51,126	D
Common Units	08/24/2026		P		25,500	A	$16.2237(1)	76,626	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price is the weighted average price for the common units reported on this line. The price range from the transactions reported is between $15.92 and $16.40. 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.

Remarks:

	/s/ John T. Raymond	08/24/2026
	** 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 4 (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 4: SEC 1474 (03-26)