Form 4: NXG Cushing Midstream Energy Fund: Officer Jerry V. Swank Reports Sale of Common Shares

Sentiment:

SEC Form 4 Filing


Jerry V. Swank, an officer of NXG Cushing Midstream Energy Fund, reports the sale of 3,656 common shares at a price of $46.7683 per share on February 11, 2025.

Summary

  • On February 11, 2025, Jerry V. Swank, an officer of NXG Cushing Midstream Energy Fund, sold 3,656 common shares.
  • The shares were sold in the open market at a price of $46.7683 per share.
  • Following the transaction, Swank beneficially owns 6,529 common shares.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure related to insider trading activity. It provides transparency into the transactions of company officers and their holdings in the company.

Stakeholder Impact

  • The sale of shares by an officer may be perceived by shareholders, but the impact is likely minimal given the relatively small number of shares involved.

Key Dates

DateDescription
02/11/2025Date of transaction: Sale of 3,656 common shares.
02/14/2025Date of signature on the Form 4 filing.

Keywords

Form 4, NXG Cushing Midstream Energy Fund, SRV, Jerry V. Swank, Common Shares, Sale of Shares, Beneficial Ownership, Open Market

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