NXG NextGen (NYSE: NXG) COO buys 2,000 shares in open market
Rhea-AI Filing Summary
NXG NextGen Infrastructure Income Fund COO Sunderland Todd reported an open-market purchase of 2,000 Common Shares of Beneficial Interest on March 10, 2026. The shares were bought at a weighted average price of $52.66 per share, in multiple trades ranging from $51.96 to $52.78.
After this transaction, Todd directly owns about 2,409.16 common shares, which include 27.996 shares acquired through an automatic dividend reinvestment plan. He also reports indirect ownership of approximately 1,099.32 shares held by immediate family members, including 48.442 DRIP-acquired shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,000 shares
Net Buy
2 txns
Insider
Sunderland Todd
Role
Insider
Bought
2,000 shs ($105K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares of Beneficial Interest | 2,000 | $52.66 | $105K |
| holding | Common Shares of Beneficial Interest | -- | -- | -- |
Holdings After Transaction:
Common Shares of Beneficial Interest — 2,409.16 shares (Direct);
Common Shares of Beneficial Interest — 1,099.32 shares (Indirect, By immediate family members.)
Footnotes (3)
- F1. The reported price in Column 4 is a weighted average price. These shares were bought in multiple transactions on 03/10/2026, prices ranged from $51.96 to $52.78 per share, inclusive.
- F2. Includes 27.996 shares of common stock acquired through an Automatic Dividend Reinvestment Plan (DRIP).
- F3. Includes 48.442 shares of common stock acquired through an Automatic Dividend Reinvestment Plan (DRIP).
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NXG NextGen (NXG) report for Sunderland Todd?
NXG NextGen reported that COO Sunderland Todd bought 2,000 common shares on March 10, 2026. The open-market purchase increased his direct holdings and signals additional personal capital committed to the fund at recent market prices.
What indirect NXG NextGen (NXG) holdings are attributed to Sunderland Todd?
The filing shows indirect ownership of approximately 1,099.32 NXG shares held by Todd’s immediate family members. This total includes 48.442 shares acquired via an automatic dividend reinvestment plan, expanding the family’s combined economic exposure to the fund.
Was Sunderland Todd’s NXG NextGen (NXG) trade an open-market purchase?
Yes. The transaction is coded as an open-market purchase of 2,000 NXG common shares. The Form 4 describes it as a purchase in open market or private transactions, with no indication that it was part of a derivative exercise or tax-related transfer.
What role does Sunderland Todd hold at NXG NextGen (NXG)?
Sunderland Todd is identified as the COO of NXG NextGen Infrastructure Income Fund. His Form 4 filing reflects personal and family share ownership, providing visibility into how a senior executive is positioned in the fund’s common shares.