Director Andrea Mullins adds SRV shares in NXG Cushing Midstream Energy Fund (SRV) purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NXG Cushing Midstream Energy Fund director Andrea Mullins increased her stake in the fund. On 02/06/2026, Mullins purchased 240 common shares at $41.63 per share in an open-market transaction.
Following this trade, Mullins beneficially owns 1,251.0794 common shares directly. This total includes 11.0794 shares acquired through an Automatic Dividend Reinvestment Plan, where cash distributions are reinvested into additional fund shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 240 shares ($9,991)
Net Buy
1 txn
Insider
Mullins Andrea
Role
Director
Bought
240 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 240 | $41.63 | $10K |
Holdings After Transaction:
Common Shares — 1,251.079 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SRV director Andrea Mullins report?
Director Andrea Mullins reported buying 240 SRV common shares on 02/06/2026 at $41.63 per share. This open-market purchase increased her directly held position in NXG Cushing Midstream Energy Fund, as disclosed in a Form 4 insider trading report.
Does Andrea Mullins participate in SRV’s dividend reinvestment plan?
Yes. The Form 4 notes that 11.0794 of Andrea Mullins’ SRV shares were acquired through an Automatic Dividend Reinvestment Plan. Under this DRIP, fund distributions are automatically reinvested to purchase additional NXG Cushing Midstream Energy Fund common shares.
Is Andrea Mullins’ SRV ownership direct or through another entity?
The filing shows Mullins’ SRV holdings as directly owned, marked with ownership type “D.” The 1,251.0794 NXG Cushing Midstream Energy Fund common shares, including DRIP-acquired shares, are reported as directly beneficially owned by her rather than through an intermediary entity.