Form 4: NextGen Infrastructure Income Fund COO Acquires Shares
SEC Form 4 Filing
Todd Sunderland, COO of NextGen Infrastructure Income Fund, reports the acquisition of 956 common shares at $39.9586 per share.
Summary
- Todd Sunderland, the COO of NextGen Infrastructure Income Fund (NXG), filed a Form 4 on July 16, 2024.
- The form details a transaction on July 15, 2024, where Sunderland acquired 956 common shares of NXG at a price of $39.9586 per share.
- Following this transaction, Sunderland indirectly owns 956 shares through immediate family members.
- Sunderland also disposed of 100 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing. The sentiment is neutral as it simply reports a transaction.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's alignment with shareholder interests.
Stakeholder Impact
- The acquisition of shares by a company executive can sometimes be viewed positively by shareholders, as it may indicate confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of transaction: Todd Sunderland acquired 956 common shares. |
| 07/16/2024 | Date of Form 4 filing. |
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