Form 4: NGL Director Buys $580K in Common Units

NGL Energy Partners LP Director James M. Collingsworth acquired 100,000 common units for approximately $580,160, signaling increased insider confidence.

Summary

• James M. Collingsworth, a Director of NGL Energy Partners LP, purchased 100,000 common units.
• The transaction occurred on September 12, 2025, at a weighted average price of $5.8016 per unit.
• The total value of the acquired common units is approximately $580,160.
• Following this transaction, Mr. Collingsworth directly beneficially owns 729,500 common units.
• Additionally, Mr. Collingsworth has indirect beneficial ownership of 9,500 common units held jointly by his spouse and sister-in-law, and 870 common units held by his spouse.

Sentiment

Score: 8

Explanation: The significant purchase of common units by a Director is a strong positive signal, reflecting high insider confidence and aligning management interests with shareholders.

Positives

• A Director's purchase of a significant number of common units indicates strong insider confidence in the company's future prospects.
• The transaction aligns management's interests more closely with those of shareholders, as the Director now holds a larger equity stake.

Future Outlook

NA

Industry Context

Insider purchases, particularly by directors, are often viewed by the market as a positive signal, suggesting that those with intimate knowledge of the company believe its stock is undervalued or that significant positive developments are anticipated. This transaction aligns with a broader trend where management and board members increase their stakes to demonstrate confidence.

Related Party Transactions

• James M. Collingsworth has indirect beneficial ownership of 9,500 common units held jointly by his spouse and sister-in-law.
• James M. Collingsworth has indirect beneficial ownership of 870 common units held by his spouse.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive indicator, potentially boosting investor confidence and sentiment towards NGL Energy Partners LP.
• The increased equity stake of a Director enhances alignment between management and shareholder interests.

Key Dates

Recommendation

The significant insider purchase by a Director, James M. Collingsworth, signals strong confidence in NGL Energy Partners LP's future prospects and valuation. Such actions by insiders are often a bullish indicator, suggesting that those with the most intimate knowledge of the company believe its stock is a good investment. This increased alignment of interests between management and shareholders provides a compelling reason for investors to consider a 'buy' position.

Keywords

NGL Energy Partners LP, NGL, Insider Purchase, Director, Common Units, Equity Acquisition, Collingsworth, SEC Form 4