SRV.RT / NXG Cushing Midstream Energy Fund - Equity Right - Insider Trading and Ownership Report - SEC Form 3, 4, 5

NXG Cushing Midstream Energy Fund - Equity Right
US ˙ NYSE

Total Insiders12
Insider Sentiment Score

The Insider Sentiment Score finds the companies being bought by corporate insiders.

It is the result of a sophisticated, multi-factor quantitative model that identifies companies with the highest levels of insider accumulation. The scoring model uses a combination of the net number of insiders buying the prior 90 days, the total shares bought as a percentage of float, and the total shares owned by insiders. The number ranges from 0 to 100, with higher numbers indicating a higher level of accumulation to its peers, and 50 being the average.

Update Frequency: Daily

See Insiders Top Picks, which provides a list of companies with highest insider accumulation.

Officer Sentiment Score

The Officer Sentiment Score finds companies being bought by Corporate Officers.

By definition Corporate Officers are Corporate Insiders, but unlike some of the other Insiders (10% Shareholders and Board Members), Officers work for the company on a daily basis, and they user their own money when trading. (10% Shareholders and Board Members are often fund managers managing other people’s money.) As such, insider trades made by Officers are much more significant and should be treated appropriately.

Like the Insider Sentiment Score, the Officer Sentiment Score is the result of a sophisticated, multi-factor quantitative model that identifies companies with the highest levels of officer accumulation.

Update Frequency: Daily

See Insiders Top Picks, which provides a list of companies with highest insider sentiment.

Key Insider Metrics

This card shows how the company ranks along various insider metrics. The percentile rank shows how this company compares to other companies in the US markets. Higher rankings are indicative of better situations.

For example, it is generally accepted that insider buying is a positive indicator, so companies with more insider buying would rank higher than companies with less insider buying (or even insider selling).

Net Number of Insiders Buying (Rank)

N/A

Net Number of Insiders Buying is the total number of insiders buying minus the total number of insiders selling in the last 90 days. The percentile rank is shown here (range from 0 to 100%).

Percent of Float Bought by Insiders (Rank)

N/A

Percent of Float Bought by Insiders is the total number of shares purchased by insiders minus the total number of shares sold by insiders in the last 90 days, divided by the total float and multiplied by 100.

Insider Trading Chart

NXG Cushing Midstream Energy Fund - Equity Right insider trades are shown in the following chart. Insiders are officers, directors, or significant investors in a company. In general, it is generally illegal for insiders to make trades in their companies based on material, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4.

Insider Roster and Profitability Metrics

This table shows the list known insiders, and is generated automatically from filings disclosed to the SEC. In addition to the names, most recent title, and director, officer, or 10% owner designation, we provide the latest disclosed holdings. Additionally, when possible we provide the historical trade performance for the insider. The historical trade performance is a weighted average of the performance of actual open-market purchase transactions made by the insider. For more information on how this is calculated, watch this YouTube webinar.

See our leaderboard of most profitable insider traders.

Insider Avg Profit (%) Shares
Owned
Split
Adjusted
John Alban Director - [D] 0 0
Brian R Bruce Director - [D] 1,020 1,020
Brenda A Cline 0
Judd B Cryer 0
Insider Avg Profit (%) Shares
Owned
Split
Adjusted
Greenberg Barry Y. Secretary - [O] 40 10
Andrea Mullins Director - [D] 600 600
Musgrave John M. CEO & President - [O] 3,095 3,095
Saba Capital Management, L.P. 10% Owner - [10%] 208,468 208,468
Insider Avg Profit (%) Shares
Owned
Split
Adjusted
Daniel L Spears Executive VP and Secretary - [O] 6,000 1,333
Todd Sunderland - 157 157
Jerry V Swank - 6,529 6,529
Boaz Weinstein 10% Owner - [10%] 231,031 208,468

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Track Records of Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in SRV.RT / NXG Cushing Midstream Energy Fund - Equity Right. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical .

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
2024-11-21 Musgrave John M. 773 41.8000 773 41.8000 32,311 62 49.6100 6,038 18.69
2024-11-21 Sunderland Todd 45 41.8000 45 41.8000 1,881
2024-11-21 Mullins Andrea 150 41.8000 150 41.8000 6,270
2024-09-09 Mullins Andrea 450 42.6500 450 42.6500 19,192
2023-12-05 Sunderland Todd 300 0.3700 300 0.3700 111
2023-07-19 Alban John 500 39.0500 500 39.0500 19,525
2023-07-19 Alban John 500 39.0200 500 39.0200 19,510
2022-08-05 Musgrave John M. 400 30.1900 400 30.1900 12,076
2021-11-22 Bruce Brian R 100 32.9800 100 32.9800 3,298

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

SRV.RT / NXG Cushing Midstream Energy Fund - Equity Right Insider Trades
Track Records of Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in SRV.RT / NXG Cushing Midstream Energy Fund - Equity Right. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical .

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2025-02-11 Swank Jerry V 3,656 46.7683 3,656 46.7683 170,985 55 35.8600 -39,880 -23.32
2024-12-10 Alban John 1,090 44.7600 1,090 44.7600 48,773
2024-06-21 Alban John 1,000 41.7400 1,000 41.7400 41,740
2023-02-08 Saba Capital Management, L.P. 5,456 36.2000 5,456 36.2000 197,507
2023-02-07 Saba Capital Management, L.P. 1,118 36.1600 1,118 36.1600 40,427
2023-01-27 Saba Capital Management, L.P. 4,701 36.6000 4,701 36.6000 172,057
2022-11-10 Saba Capital Management, L.P. 4,462 36.5000 4,462 36.5000 162,863
2022-10-31 Saba Capital Management, L.P. 2,618 36.2500 2,618 36.2500 94,902
2022-10-03 Saba Capital Management, L.P. 3,756 33.6500 3,756 33.6500 126,389

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

SRV.RT / NXG Cushing Midstream Energy Fund - Equity Right Insider Trades
Transaction History

Click the link icon to see the full transaction history. Transactions reported as part of a 10b5-1 automatic trading plan will have an X in the column marked 10b-5.

File
Date
Trade
Date
Form Insider Ticker Security Title Code 10b5-1 Direct Exercise
Price
Unit
Price
Units
Changed
Value
Changed (1K)
Remaining
Options
Remaining
Shares
2025-02-14 2025-02-11 4 Swank Jerry V SRV Common Shares S - Sale D 46.7683 -3,656 -171 6,529
2024-12-11 2024-12-10 4 Alban John SRV Common Shares S - Sale D 44.7600 -1,090 -49 0
2024-11-26 2024-11-21 4 Mullins Andrea SRV Common Shares P - Purchase D 41.8000 150 6 600
2024-11-25 2024-11-21 4 Musgrave John M. SRV Common Shares P - Purchase D 41.8000 773 32 3,095
2024-11-25 2024-11-21 4 Sunderland Todd SRV Common Shares P - Purchase D 41.8000 45 2 157
2024-09-10 2024-09-09 4 Mullins Andrea srv common shares of beneficial interest P - Purchase D 42.6500 450 19 450
2024-06-24 2024-06-21 4 Alban John SRV Common Shares S - Sale D 41.7400 -1,000 -42 890
2023-12-29 2023-12-27 4 Alban John SRV Common Shares X - Other D 33.2000 844 28 1,890
2023-12-28 2023-12-27 4 Swank Jerry V SRV Common Shares X - Other D 33.2000 2,544 84 10,185
2023-12-28 2023-12-27 4 Musgrave John M. SRV Common Shares X - Other D 33.2000 560 19 2,243
2023-12-28 2023-12-27 4 Sunderland Todd SRV Common Shares X - Other D 33.2000 100 3 100
2023-12-07 2023-12-05 4 Sunderland Todd SRV Rights to Acquire Common Shares P - Purchase D 0.3700 300 0 300
2023-07-20 2023-07-19 4 Alban John SRV Common shares P - Purchase D 39.0500 500 20 1,822
2023-07-20 2023-07-19 4 Alban John SRV Common shares P - Purchase D 39.0200 500 20 1,322
2023-02-09 2023-02-08 4 Saba Capital Management, L.P. - SRV Common Stock S - Sale I 36.2000 -5,456 -198 208,468
2023-02-09 2023-02-07 4 Saba Capital Management, L.P. - SRV Common Stock S - Sale I 36.1600 -1,118 -40 213,924
2023-01-30 2023-01-27 4 Saba Capital Management, L.P. - SRV Common Stock S - Sale I 36.6000 -4,701 -172 215,042
2022-11-14 2022-11-10 4 Saba Capital Management, L.P. - SRV Common Stock S - Sale I 36.5000 -4,462 -163 219,743
2022-11-01 2022-10-31 4 Saba Capital Management, L.P. - SRV Common Stock S - Sale I 36.2500 -2,618 -95 224,205
2022-10-04 2022-10-03 4 Saba Capital Management, L.P. - SRV Common Stock S - Sale I 33.6500 -3,756 -126 226,823
2022-09-26 2022-09-26 4 Saba Capital Management, L.P. - SRV Common Stock S - Sale I 31.7000 -452 -14 230,579
2022-08-09 2022-08-05 4 Musgrave John M. SRV Common Shares P - Purchase D 30.1900 400 12 1,487
2022-08-09 3 Musgrave John M. SRV Common Shares D 1,087
2022-05-31 2022-02-08 4 Saba Capital Management, L.P. - SRV Common Stock S - Sale I 32.6800 -1,219 -40 231,205
2022-02-14 2022-02-11 4 Saba Capital Management, L.P. - SRV Common Stock S - Sale I 32.5000 -174 -6 231,031
2022-02-08 2022-02-07 4 Saba Capital Management, L.P. - SRV Common Stock S - Sale I 32.9600 -3,337 -110 232,424
2021-11-24 2021-11-22 4 Bruce Brian R SRV Common Stock P - Purchase D 32.9800 100 3 1,020
2021-09-29 2021-09-27 4 Saba Capital Management, L.P. - SRV Common Stock P - Purchase I 32.4600 13,524 439 235,761
2021-09-15 3 Weinstein Boaz - SRV Common Stock I 222,237
2020-06-03 2020-05-29 4 Swank Jerry V SRV Common Stock J - Other D 6.4000 2,130 14 31,616
2020-06-03 2020-05-29 4 Alban John SRV Common Stock J - Other D 6.4000 242 2 822
2020-06-03 2020-05-29 4 Bruce Brian R SRV Common Stock J - Other D 6.4000 80 1 80
2020-06-03 2020-05-29 4 Greenberg Barry Y. SRV Common Stock J - Other D 6.4000 40 0 40
2017-01-12 2016-04-20 4 Bruce Brian R SRV Common Shares S - Sale D 10.9000 -2 -0 0
2016-03-23 2015-08-21 4 Bruce Brian R SRV Common Shares S - Sale D 3.1725 -1,981 -6 2
2015-07-27 2015-07-24 4 Swank Jerry V By Fund (See footnotes) SRV Common Shares P - Purchase I 3.2800 9,000 30 39,000
2015-07-27 2015-07-23 4 Swank Jerry V By Fund (See footnotes) SRV Common Shares P - Purchase I 3.2600 16,000 52 30,000
2015-02-18 2015-02-18 4 Swank Jerry V SRV Common Shares P - Purchase D 4.2800 25,000 107 91,810
2015-02-10 2015-02-09 4 Alban John SRV Common Shares P - Purchase D 4.3795 2,000 9 2,900
2013-03-18 2013-03-15 4 Spears Daniel L Held in IRA account SRV Common Stock P - Purchase I 7.7148 500 4 6,000
2013-03-15 2013-03-15 4 Alban John SRV Common Shares P - Purchase D 7.8300 1,000 8 1,000
2012-12-21 2012-12-17 4 Swank Jerry V SRV Common Shares P - Purchase D 7.1708 10,000 72 66,810
2012-06-01 2012-05-31 4 Spears Daniel L Held in IRA account SRV Common Stock P - Purchase I 8.3900 2,000 17 5,500
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)
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