Musgrave John M. 4
4 · NXG NextGen Infrastructure Income Fund · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
NXG CEO John M. Musgrave Buys 400 Shares
What Happened John M. Musgrave, CEO & President and director of NextGen Infrastructure Income Fund (NXG), purchased 400 shares of NXG on 2026-03-10 in an open-market acquisition at $52.00 per share, for a total cost of $20,800. The transaction was reported on a Form 4 filed 2026-03-11. This was a straight purchase (transaction code P), which investors often view as a positive signal, though the filing does not state a motive.
Key Details
- Transaction date: 2026-03-10; Report filed: 2026-03-11 (Form 4, Accession 0001555638-26-000001)
- Type: Open-market purchase (Code P)
- Shares bought: 400 at $52.00 each; total value ≈ $20,800
- Shares owned after transaction: not specified in the provided summary — see the filed Form 4 for post-transaction beneficial ownership
- No footnotes (e.g., 10b5-1 plan, tax withholding) were noted in the supplied transaction detail
- Filing timeliness: transaction date 3/10 and filing date 3/11 — appears timely under typical Section 16 reporting rules
Context This is a relatively small insider purchase in dollar terms (~$20.8k). Purchases by executives can be one data point investors use when assessing insider sentiment, but a single small buy should be weighed alongside other filings, patterns of insider activity, and company fundamentals. For full details (post-transaction holdings and any footnotes), check the original Form 4 (Accession 0001555638-26-000001).
Insider Transaction Report
- Purchase
Common Shares
2026-03-10$52.00/sh+400$20,800→ 400 total