NXG (NYSE: NXG) CEO adds 134 shares through rights subscription
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NXG NextGen Infrastructure Income Fund CEO and President John M. Musgrave bought 134 common shares at a subscription price of $58.45 per share. These shares were acquired by exercising rights in the fund’s transferable rights offering, which expired on April 30, 2026.
After this transaction, he directly owns 541.7363 common shares, which includes 7.7363 shares previously acquired through the fund’s Automatic Dividend Reinvestment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 134 shares ($7,832)
Net Buy
1 txn
Insider
Musgrave John M.
Role
CEO & President
Bought
134 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 134 | $58.45 | $8K |
Holdings After Transaction:
Common Shares — 541.736 shares (Direct, null)
Footnotes (1)
- Shares were acquired pursuant to the exercise of rights to acquire common shares in the Fund's transferrable rights offering, which expired on April 30, 2026, at the subscription price of $58.45. The number of common shares acquired was confirmed to exercising rights holders on May 7, 2026. Includes 7.7363 shares of common stock acquired through an Automatic Dividend Reinvestment Plan (DRIP).
Key Figures
Shares bought: 134 shares
Subscription price: $58.45 per share
Shares after transaction: 541.7363 shares
+2 more
5 metrics
Shares bought
134 shares
Common shares acquired via rights exercise on May 7, 2026
Subscription price
$58.45 per share
Price in the fund’s transferable rights offering
Shares after transaction
541.7363 shares
Direct common share holdings following the transaction
DRIP shares included
7.7363 shares
Common shares acquired through Automatic Dividend Reinvestment Plan
Rights offering expiry
April 30, 2026
Expiration date of transferable rights offering used for purchase
Key Terms
transferrable rights offering, subscription price, Automatic Dividend Reinvestment Plan (DRIP)
3 terms
transferrable rights offering financial
"Shares were acquired pursuant to the exercise of rights to acquire common shares in the Fund's transferrable rights offering, which expired on April 30, 2026"
subscription price financial
"expired on April 30, 2026, at the subscription price of $58.45"
Subscription price is the set amount an investor pays to buy newly issued shares, bonds or units when a company offers them directly, such as in a rights issue or subscription offering. It matters because it determines how much an investor’s ownership cost will be, affects potential gains or losses and influences dilution of existing shareholders—think of it as a pre-order price that helps decide whether joining the new issue is worthwhile.
Automatic Dividend Reinvestment Plan (DRIP) financial
"Includes 7.7363 shares of common stock acquired through an Automatic Dividend Reinvestment Plan (DRIP)"