NXG NextGen director adds 346 shares in rights offering (NXG)

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Form Type

Rhea-AI Filing Summary

Mullins Andrea reported open-market purchase transactions in this Form 4 filing.

NXG NextGen Infrastructure Income Fund director Andrea Mullins acquired 346 common shares on May 7, 2026 at a subscription price of $58.45 per share. These shares came from exercising rights in the fund’s transferrable rights offering that expired on April 30, 2026.

After this transaction, Mullins directly holds about 1,395.1622 common shares, including 30.0538 shares previously acquired through the fund’s Automatic Dividend Reinvestment Plan.

Insider Trade Summary

Net Buyer: 346 shares

Net Buy 1 txn

Insider Mullins Andrea

Role Director

Bought 346 shs ($20K)

Type	Security	Shares	Price	Value
Purchase	Common Shares	346	$58.45	$20K

Holdings After Transaction: Common Shares — 1,395.1622 shares (Direct)

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 30.0538 shares of common stock acquired through an Automatic Dividend Reinvestment Plan (DRIP).

Key Figures

Shares acquired: 346 common shares Subscription price: $58.45 per share Total shares after transaction: 1,395.1622 common shares +3 more

6 metrics

Shares acquired 346 common shares Acquired on May 7, 2026 via rights offering

Subscription price $58.45 per share Price under transferrable rights offering

Total shares after transaction 1,395.1622 common shares Direct holdings following May 7, 2026 acquisition

DRIP shares included 30.0538 shares Acquired through Automatic Dividend Reinvestment Plan

Rights offering expiry April 30, 2026 Expiration date of transferrable rights offering

Share confirmation date May 7, 2026 Date number of shares acquired was confirmed

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"

subscription price financial

"which 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 30.0538 shares of common stock acquired through an Automatic Dividend Reinvestment Plan (DRIP)."

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/12/2026 - 12:13 PM

FAQ

What did NXG director Andrea Mullins do in this Form 4 filing for NXG?

Director Andrea Mullins reported acquiring 346 common shares of NXG NextGen Infrastructure Income Income Fund. The shares were obtained on May 7, 2026, through exercising rights in a transferrable rights offering at a subscription price of $58.45 per share.

How many NXG common shares does Andrea Mullins hold after this transaction?

After the reported transaction, Andrea Mullins directly holds about 1,395.1622 NXG common shares. This figure includes 30.0538 shares previously acquired under the fund’s Automatic Dividend Reinvestment Plan, reflecting total direct ownership following the rights-offering purchase.

How were the new NXG shares acquired by Andrea Mullins priced?

The 346 newly acquired NXG common shares were purchased at a subscription price of $58.45 per share. This price was set under the fund’s transferrable rights offering and applied when the rights were exercised and confirmed on May 7, 2026.

What was the role of the transferrable rights offering in Andrea Mullins’ NXG purchase?

Mullins obtained the shares by exercising rights granted in NXG’s transferrable rights offering. The offering expired on April 30, 2026, and the number of common shares acquired was later confirmed to exercising rights holders on May 7, 2026.

What is mentioned about NXG’s Dividend Reinvestment Plan in this Form 4?

The filing notes that Mullins’ post-transaction holdings include 30.0538 common shares acquired through an Automatic Dividend Reinvestment Plan. This plan automatically reinvests cash distributions into additional shares, incrementally increasing an investor’s position over time.

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^*

Mullins Andrea

(Last)

(First)

(Middle)

ANGEL OAK CAPITAL ADVISORS

980 HAMMOND DRIVE, SUITE 200

(Street)

ATLANTA

GEORGIA

30328

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NXG NextGen Infrastructure Income Fund [ NXG ]

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)
05/07/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	05/07/2026		P		346	A	$58.45⁽¹⁾	1,395.1622⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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.

2. Includes 30.0538 shares of common stock acquired through an Automatic Dividend Reinvestment Plan (DRIP).

	/s/ Brad Mead	05/12/2026
	** 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)

Source: View Original Filing on SEC EDGAR