NGL Energy Partners director granted 24,000 units

REINERS DEREK S reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

REINERS DEREK S reported acquisition or exercise transactions in this Form 4 filing.

NGL Energy Partners LP director Derek S. Reiners reported an equity award of 24,000 restricted common units on July 15, 2026. The units were granted under the NGL Long Term Incentive Plan, vest in installments, and increase his direct holdings to 150,000 units. This was not an open market purchase.

Insider Trade Summary

Grant/Award: 24,000 shares

Grant/Award 1 txn

Insider REINERS DEREK S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Units F1	24,000	$0.00	$0.00

Holdings After Transaction: Common Units — 150,000 shares (Direct)

Footnotes (1)

1. F1. Represents restricted units granted under the NGL Long Term Incentive Plan. The restricted units vest in installments according to the restricted unit award agreement. This is not an open market purchase of securities.

Key Figures

Grant size: 24,000 units Holdings after grant: 150,000 units Transaction price per unit: $0.0000 per unit +2 more

5 metrics

Grant size 24,000 units Restricted common units granted to director Derek S. Reiners

Holdings after grant 150,000 units Total direct common unit holdings following the award

Transaction price per unit $0.0000 per unit Reported price for the restricted unit grant

Transaction date July 15, 2026 Date of restricted common unit grant

Acquisition transactions 1 transaction Number of acquisition-type transactions reported in this filing

Key Terms

restricted units, Long Term Incentive Plan, open market purchase, Common Units

4 terms

restricted units financial

"Represents restricted units granted under the NGL Long Term Incentive Plan."

Long Term Incentive Plan financial

"Represents restricted units granted under the NGL Long Term Incentive Plan."

A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.

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.

Common Units financial

"security_title": "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.

FAQ

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

What insider transaction did Derek S. Reiners report for NGL (ticker NGL)?

Derek S. Reiners reported receiving 24,000 restricted common units of NGL Energy Partners LP on July 15, 2026. The award was granted under the NGL Long Term Incentive Plan, vests in installments, and increased his direct holdings to 150,000 units.

What type of security did Derek S. Reiners receive in the latest NGL Form 4?

He received 24,000 restricted common units of NGL Energy Partners LP. These are restricted units granted under the NGL Long Term Incentive Plan and are scheduled to vest in installments rather than being immediately transferable like fully vested common units.

Is Derek S. Reiners’ 24,000-unit NGL award an open market purchase?

No. The company stated the 24,000 restricted units are a grant under the NGL Long Term Incentive Plan and that this is not an open market purchase of securities, distinguishing it from buying units on a public exchange.

How many NGL units does Derek S. Reiners own after this reported grant?

After the grant, Derek S. Reiners directly holds 150,000 common units of NGL Energy Partners LP. This total includes the newly awarded 24,000 restricted units and reflects his direct ownership position following the July 15, 2026 transaction.

How do the 24,000 restricted NGL units granted to Derek S. Reiners vest?

The 24,000 restricted units granted to Derek S. Reiners vest in installments under the terms of the restricted unit award agreement. This means portions of the award become vested over time rather than all at once on the grant date.

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

Accepted by SEC EDGAR 07/17/2026 - 08:40 AM EDT 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^*

REINERS DEREK S

(Last) (First) (Middle)

6120 S. YALE AVENUE, SUITE 1300

(Street)

TULSA OKLAHOMA 74136

(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)
07/15/2026

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	07/15/2026		A		24,000(1)	A	$0	150,000	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. Represents restricted units granted under the NGL Long Term Incentive Plan. The restricted units vest in installments according to the restricted unit award agreement. This is not an open market purchase of securities.

Remarks:

	/s/Derek S. Reiners	07/16/2026
	** 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)