NXG (NYSE: NXG) CEO adds 400 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NXG NextGen Infrastructure Income Fund director and CEO & President John M. Musgrave bought 400 common shares in an open-market transaction at $52.00 per share. After this March 10 trade, his directly held position in the fund stands at 400 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 400 shares ($20,800)
Net Buy
1 txn
Insider
Musgrave John M.
Role
CEO & President
Bought
400 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 400 | $52.00 | $21K |
Holdings After Transaction:
Common Shares — 400 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did NXG (NXG) report on this Form 4?
NXG reported that CEO and President John M. Musgrave executed an open-market purchase of 400 common shares. The transaction was recorded at a purchase price of $52.00 per share, reflecting a direct increase in his personal holdings of the fund.
What are John M. Musgrave’s NXG holdings after this insider trade?
Following the reported transaction, John M. Musgrave directly holds 400 common shares of NXG. The Form 4 shows these 400 shares as his total direct ownership after completing the single open-market purchase recorded in this filing.
Was the NXG insider transaction an open-market purchase or another type?
The NXG insider transaction was an open-market purchase of common shares. The Form 4 uses code “P” and describes it as an open-market or private purchase at $52.00 per share, clearly indicating a buy rather than a sale or grant.
Does the NXG Form 4 show any insider sales or only purchases?
The Form 4 for NXG shows only an insider purchase, with no reported sales. The transaction summary lists one buy transaction totaling 400 shares and no sell, gift, tax-withholding, or derivative exercise transactions in this particular filing.