Form 4: New Fortress Energy Insider Buys Shares
Insider Transaction (Form 4)
King Street Capital Management GP, L.L.C. and 2 others reported changes in beneficial ownership of New Fortress Energy Inc. common stock on September 30, 2026.
Summary
- Open-market purchase: acquired 5,000 Series A Mandatorily Convertible Preferred Stock at $400.00 ($2,000,000) on September 30, 2026; holds 262,884 after (Indirect).
- Open-market purchase: acquired 2,000 Series A Mandatorily Convertible Preferred Stock at $420.00 ($840,000) on September 30, 2026; holds 264,884 after (Indirect).
- Open-market purchase: acquired 5,000 Series A Mandatorily Convertible Preferred Stock at $415.00 ($2,075,000) on September 30, 2026; holds 269,884 after (Indirect).
- Open-market purchase: acquired 31,846 Series A Mandatorily Convertible Preferred Stock at $440.00 ($14,012,240) on September 30, 2026; holds 301,730 after (Indirect).
Sentiment
Score: 9
Explanation: StockSavvy.ai views this as a bullish signal: an insider made an open-market purchase of $18,927,240, committing personal capital to the stock.
Insider Transactions
King Street Capital Management GP, L.L.C. — 10% owner
King Street Capital Management, L.P. — 10% owner
Brian J Higgins — 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-30 | Open-market purchase | Series A Mandatorily Convertible Preferred Stock | 5,000 | $400 | $2.0M | 262,884 |
| 2026-09-30 | Open-market purchase | Series A Mandatorily Convertible Preferred Stock | 2,000 | $420 | $840.0K | 264,884 |
| 2026-09-30 | Open-market purchase | Series A Mandatorily Convertible Preferred Stock | 5,000 | $415 | $2.1M | 269,884 |
| 2026-09-30 | Open-market purchase | Series A Mandatorily Convertible Preferred Stock | 31,846 | $440 | $14.0M | 301,730 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-30 | Open-market purchase (5,000 shares) |
| 2026-09-30 | Open-market purchase (2,000 shares) |
| 2026-09-30 | Open-market purchase (5,000 shares) |
| 2026-09-30 | Open-market purchase (31,846 shares) |
Keywords
insider transaction, Form 4, NFE, New Fortress Energy Inc., bullish, King Street Capital Management GP, L.L.C., King Street Capital Management, L.P., Brian J Higgins
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