NXG NextGen director sells 500 shares at $55.24
Rhea-AI Filing Summary
NXG NextGen Infrastructure Income Fund (NXG) director John Alban reported selling 500 shares of common stock on August 24, 2026. The sale occurred at a weighted average price of $55.24 per share, with prices ranging from $55.23 to $55.25. Following this transaction, he directly owns 88 shares, which include 11 shares acquired through an Automatic Dividend Reinvestment Plan (DRIP).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 500 shares
Net Sell
1 txn
Insider
Alban John
Role
Director
Sold
500 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 500 | $55.244 | $28K |
Holdings After Transaction:
Common Stock — 88 shares (Direct)
Footnotes (2)
- F1. The reported price in Column 4 is a weighted average price. These shares were bought in multiple transactions on 08/24/2026, prices ranged from $55.23 to $55.25 per share, inclusive.
- F2. Includes 11 shares of common stock acquired through an Automatic Dividend Reinvestment Plan (DRIP).
Key Figures
Shares sold: 500 shares
Weighted average sale price: $55.24 per share
Shares owned after transaction: 88 shares
+1 more
4 metrics
Shares sold
500 shares
Common stock sold by director John Alban on August 24, 2026
Weighted average sale price
$55.24 per share
Weighted average price for the August 24, 2026 sale; individual prices $55.23–$55.25
Shares owned after transaction
88 shares
Direct ownership of NXG common stock by John Alban following the sale
DRIP-acquired shares
11 shares
Portion of post-transaction holdings acquired through an Automatic Dividend Reinvestment Plan (DRIP)
Key Terms
weighted average price, Automatic Dividend Reinvestment Plan (DRIP), Form 4
3 terms
weighted average price financial
"The reported price in Column 4 is a weighted average price."
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.
Automatic Dividend Reinvestment Plan (DRIP) financial
"Includes 11 shares of common stock acquired through an Automatic Dividend Reinvestment Plan (DRIP)."
Form 4 regulatory
"What insider transaction did NXG director John Alban report on this 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.
FAQ
What insider transaction did NXG director John Alban report on this Form 4 for NXG?
John Alban reported a sale of 500 shares of NXG NextGen Infrastructure Income Fund common stock on August 24, 2026. The transaction is coded as an S, indicating a sale in an open market or private transaction, and reflects a net reduction in his holdings.
What does the DRIP reference mean in John Alban’s NXG holdings?
The filing states that post-transaction holdings include 11 shares of NXG common stock acquired through an Automatic Dividend Reinvestment Plan (DRIP). This indicates those shares were obtained by reinvesting dividends into additional fund shares rather than taking cash.
Does this NXG Form 4 provide any financial results or guidance for NXG?
No. This Form 4 only reports insider trading activity by director John Alban, specifically the sale of 500 NXG shares and his resulting ownership. It does not include financial statements, earnings data, or guidance for NXG NextGen Infrastructure Income Fund.
AI-generated analysis. How Rhea-AI works. Not financial advice.