Monitor for actual sales on Form 4 filings. The absence of recent open-market purchases by this insider since June 2022, combined with a large proposed sale, suggests reduced conviction. Traders should watch for any acceleration of sales or additional insider filings ahead of the next quarterly report.
Price Chart
Executive Summary
H. Michael Krimbill, an officer and director of NGL Energy Partners LP, filed a Form 144 on August 25, 2026, indicating intent to sell up to 300,000 common shares valued at approximately $5.1 million. This sale represents a notable portion of his holdings and comes without any disclosed offsetting open-market purchases, signaling a potential reduction in insider conviction.
Key Facts
- H. Michael Krimbill (Officer & Director) filed Form 144 to sell 300,000 common shares.
- Estimated aggregate market value of the proposed sale is $5,100,000.
- The shares are held at Charles Schwab Corp and are proposed for sale on the NYSE.
- Krimbill's last open-market purchase was on June 9, 2022 (100,000 shares); no recent purchases are listed.
- The filing date is August 25, 2026, with no immediate earnings or catalyst event noted.
Financial Impact
Proposed sale of 300,000 shares valued at $5.1 million, representing a material reduction in insider exposure.
Risk Factors
- Insider selling may signal negative private information about near-term operations or cash flow.
- The sale could pressure the stock if executed in a concentrated manner.
- No offsetting bullish catalysts are present in the filing to counterbalance the insider sale signal.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001949846-26-000540 |
| Document: 0001949846-26-000540-index.html | 0001949846-26-000540 |
| Document: 0001949846-26-000540.txt | 0001949846-26-000540 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 28, 2026 5w ago | Insider Cluster | $18.02 $14.88 | ▼ −17.43% | ▼ −17.68% | $16.29 (−9.60%) |
Aug 26, 2026 5w ago | Insider Cluster | $17.52 $15.35 | ▼ −12.39% | ▼ −11.88% | $16.29 (−7.02%) |
Aug 26, 2026 5w ago | Insider Cluster | $17.52 $15.35 | ▼ −12.39% | ▼ −11.88% | $16.29 (−7.02%) |
Aug 26, 2026 5w ago | Insider Buy | $17.52 $15.35 | ▼ −12.39% | ▼ −11.88% | $16.29 (−7.02%) |
Aug 25, 2026 5w ago | Insider Buy | $17.51 $15.94 | ▼ −8.97% | ▼ −9.94% | $16.29 (−6.97%) |
Aug 25, 2026 5w ago | 144 | $17.51 $15.94 | ▲ +8.97% | ▲ +9.94% | $16.29 (+6.97%) |
US Market Status
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