The CEO selling the same day a director buys $5M creates a neutral signal — neither side dominates. Monitor for any upcoming earnings or operational updates that might explain the divergence. The director's buying pattern (three purchases in five days) suggests conviction, but the CEO's offsetting sale at nearly the same price weakens the bullish read-through.
Price Chart
Executive Summary
A mixed insider cluster at NGL Energy Partners shows Director John T. Raymond buying $5.5M worth of shares while CEO H. Michael Krimbill sold $5.1M on the same day. The net dollar amount is roughly balanced, but the CEO's sale at $17.00 nearly perfectly offsets the director's largest purchase, creating a neutral signal. The total open-market activity of ~$10.4M represents 0.47% of NGL's $2.2B market cap, which is modest but notable.
Key Financial Metrics
Key Facts
- Director Raymond purchased 326,626 shares total (~$5.5M) across three open-market trades from Aug 21-25, 2026
- CEO Krimbill sold 300,000 shares at $17.00 for $5.1M on Aug 25, 2026 — same day as Raymond's largest buy
- Director Collingsworth bought 11,008 shares (~$185K) on Aug 25-26, 2026
- Net open-market dollar value is roughly balanced: ~$5.7M in buys vs. $5.1M in sells
- Total cluster value of ~$10.4M represents 0.47% of NGL's $2.2B market cap
Financial Impact
Total open-market insider activity of ~$10.4M (0.47% of market cap) — modest and balanced between buying and selling
Risk Factors
- CEO sale could signal insider caution about near-term valuation or operations
- Director buying may be strategic positioning unrelated to near-term fundamentals
- Balanced cluster provides no clear directional edge for traders
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NGL-1787782773084 |
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
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access