King Street Capital Management GP, L.L.C. bought NFE

September 30, 2026 · Form 4 insider transaction

King Street Capital Management GP, L.L.C. bought 31,846 shares of New Fortress Energy Inc. at $440.00 per share, a transaction worth $14.01M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Acquired (buy-side)
Shares
31,846
Price
$440.00
Total value
$14.01M
Role10% owner
SecuritySeries A Mandatorily Convertible Preferred Stock
Transaction codeP: Open-market purchase
Transaction dateSeptember 30, 2026
Filing dateOctober 1, 2026
Shares owned after301,730
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Each share of Series A Mandatorily Convertible Preferred Stock ("Preferred Stock") will automatically convert on September 11, 2029, the third anniversary of the issue date, into a number of shares of Class A Common Stock equal to 46.441271 shares of Class A Common Stock per share of Preferred Stock, subject to adjustment.; Reflects shares of New Fortress Energy Inc. ("Company") securities held in accounts of funds managed and advised by King Street Capital Management, L.P. ("King Street"). King Street Capital Management GP, L.L.C. ("GP") is the general partner of King Street and Brian J. Higgins is the managing member of GP. As used herein, the "Reporting Persons" means Mr. Higgins, King Street and GP.; On the basis of the relationships described in footnote 2, each of the Reporting Persons may be deemed a beneficial owner of the Company securities disclosed herein, but each Reporting Person disclaims beneficial ownership of such Company securities except to the extent of such Reporting Person's pecuniary interest therein, if any, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (the "1934 Act"), each of the Reporting Persons states that the inclusion of such Company securities in this statement shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the 1934 Act or for any other purpose.

View the original Form 4 on SEC EDGAR