Star Group (SGU) COO gains units through automatic reinvestment buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Star Group, L.P.’s Chief Operating Officer Jeffrey S. Hammond reported buying Common Units through an automatic brokerage distribution reinvestment program. On November 5, 2025, 104.8558 Common Units were purchased at $11.99 per unit, bringing his directly held stake to 6,903.1022 units.
The filing notes it was submitted after the due date because the units were inadvertently purchased for him under the automatic program without his knowledge.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 104.856 shares ($1,257)
Net Buy
1 txn
Insider
Hammond Jeffrey S
Role
Chief Operating Officer
Bought
104.856 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Units | 104.856 | $11.99 | $1K |
Holdings After Transaction:
Common Units — 6,903.102 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did SGU COO Jeffrey Hammond report?
Jeffrey Hammond reported an automatic purchase of 104.8558 Common Units of Star Group, L.P. The units were acquired on November 5, 2025 through a brokerage distribution reinvestment program and later disclosed on Form 4 as a beneficially owned, direct holding.
At what price were the Star Group (SGU) units purchased by the COO?
The reported Common Units were purchased at $11.99 per unit. This price applied to the 104.8558 units acquired on November 5, 2025 under the automatic brokerage distribution reinvestment program described in the Form 4 filing for Star Group’s Chief Operating Officer.
How many Star Group (SGU) units does the COO own after this transaction?
After the reported transaction, Jeffrey Hammond beneficially owns 6,903.1022 Common Units of Star Group, L.P. The Form 4 specifies that these units are held with direct ownership, reflecting the total following the automatic reinvestment purchase on November 5, 2025.
Was the SGU COO’s purchase part of an automatic reinvestment program?
Yes. The Form 4 footnote explains the Common Units were bought under an automatic brokerage distribution reinvestment program. The purchase was described as inadvertent and made for the reporting person without his knowledge, prompting the later Form 4 disclosure.
Why was Jeffrey Hammond’s Form 4 for Star Group (SGU) filed late?
The Form 4 states it was submitted late because the Common Units were inadvertently purchased for the reporting person. They were acquired pursuant to an automatic brokerage distribution reinvestment program without his knowledge, leading to a delayed awareness and subsequent filing.
Is the Star Group (SGU) COO’s ownership classified as direct or indirect?
The Form 4 classifies Jeffrey Hammond’s ownership of the 6,903.1022 Common Units as direct (D). No indirect ownership entity or special nature of indirect beneficial ownership is listed, indicating the holdings are directly attributed to the reporting person.