NFE: King Street Capital Management GP, L.L.C.; KING STREET CAPITAL MANAGEMENT, L.P.; HIGGINS BRIAN J discloses a purchase
By AlphaYouPublished Form 4
King Street Capital Management GP, L.L.C.; KING STREET CAPITAL MANAGEMENT, L.P.; HIGGINS BRIAN J
Reporting filer
King Street Capital Management GP, L.L.C.; KING STREET CAPITAL MANAGEMENT, L.P.; HIGGINS BRIAN J reported Purchase in New Fortress Energy Inc.: 5000 units of Series A Mandatorily Convertible Preferred Stock (derivative), dated 2026-09-30. The full Form 4 contains 4 transaction entries.
- Disclosed
- Oct 1, 2026
Reported details
4 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Series A Mandatorily Convertible Preferred Stock (derivative) | King Street Capital Management GP, L.L.C.; KING STREET CAPITAL MANAGEMENT, L.P.; HIGGINS BRIAN J | 2026-09-30 | P | Purchase | 5000 | 400.00 | 262,884 | 1 day | Filed terms
|
| Series A Mandatorily Convertible Preferred Stock (derivative) | King Street Capital Management GP, L.L.C.; KING STREET CAPITAL MANAGEMENT, L.P.; HIGGINS BRIAN J | 2026-09-30 | P | Purchase | 2000 | 420 | 264,884 | 1 day | Filed terms
|
| Series A Mandatorily Convertible Preferred Stock (derivative) | King Street Capital Management GP, L.L.C.; KING STREET CAPITAL MANAGEMENT, L.P.; HIGGINS BRIAN J | 2026-09-30 | P | Purchase | 5000 | 415 | 269,884 | 1 day | Filed terms
|
| Series A Mandatorily Convertible Preferred Stock (derivative) | King Street Capital Management GP, L.L.C.; KING STREET CAPITAL MANAGEMENT, L.P.; HIGGINS BRIAN J | 2026-09-30 | P | Purchase | 31846 | 440 | 301,730 | 1 day | Filed terms
|
Series A Mandatorily Convertible Preferred Stock (derivative)
- Owner
- King Street Capital Management GP, L.L.C.; KING STREET CAPITAL MANAGEMENT, L.P.; HIGGINS BRIAN J
- Date
- 2026-09-30
- Code
- P
- Action
- Purchase
- Quantity
- 5000
- Price
- 400.00
- Following holdings
- 262,884
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Series A Mandatorily Convertible Preferred Stock
- id: F1
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: P
- equity Swap Involved: false
- transaction Shares: 5000
- transaction Price Per Share: 400.00
- transaction Acquired Disposed Code: A
- id: F1
- id: F1
- underlying Security Title: Class A Common Stock
- underlying Security Shares: 232206
- shares Owned Following Transaction: 262884
- direct Or Indirect Ownership: I
- nature Of Ownership: See Footnotes
- id: F2
- id: F3
Series A Mandatorily Convertible Preferred Stock (derivative)
- Owner
- King Street Capital Management GP, L.L.C.; KING STREET CAPITAL MANAGEMENT, L.P.; HIGGINS BRIAN J
- Date
- 2026-09-30
- Code
- P
- Action
- Purchase
- Quantity
- 2000
- Price
- 420
- Following holdings
- 264,884
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Series A Mandatorily Convertible Preferred Stock
- id: F1
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: P
- equity Swap Involved: false
- transaction Shares: 2000
- transaction Price Per Share: 420
- transaction Acquired Disposed Code: A
- id: F1
- id: F1
- underlying Security Title: Class A Common Stock
- underlying Security Shares: 92883
- shares Owned Following Transaction: 264884
- direct Or Indirect Ownership: I
- nature Of Ownership: See footnotes
- id: F2
- id: F3
Series A Mandatorily Convertible Preferred Stock (derivative)
- Owner
- King Street Capital Management GP, L.L.C.; KING STREET CAPITAL MANAGEMENT, L.P.; HIGGINS BRIAN J
- Date
- 2026-09-30
- Code
- P
- Action
- Purchase
- Quantity
- 5000
- Price
- 415
- Following holdings
- 269,884
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Series A Mandatorily Convertible Preferred Stock
- id: F1
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: P
- equity Swap Involved: false
- transaction Shares: 5000
- transaction Price Per Share: 415
- transaction Acquired Disposed Code: A
- id: F1
- id: F1
- underlying Security Title: Class A Common Stock
- underlying Security Shares: 232206
- shares Owned Following Transaction: 269884
- direct Or Indirect Ownership: I
- nature Of Ownership: See footnotes
- id: F2
- id: F3
Series A Mandatorily Convertible Preferred Stock (derivative)
- Owner
- King Street Capital Management GP, L.L.C.; KING STREET CAPITAL MANAGEMENT, L.P.; HIGGINS BRIAN J
- Date
- 2026-09-30
- Code
- P
- Action
- Purchase
- Quantity
- 31846
- Price
- 440
- Following holdings
- 301,730
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Series A Mandatorily Convertible Preferred Stock
- id: F1
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: P
- equity Swap Involved: false
- transaction Shares: 31846
- transaction Price Per Share: 440
- transaction Acquired Disposed Code: A
- id: F1
- id: F1
- underlying Security Title: Class A Common Stock
- underlying Security Shares: 1478969
- shares Owned Following Transaction: 301730
- direct Or Indirect Ownership: I
- nature Of Ownership: See footnotes
- id: F2
- id: F3
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- King Street Capital Management GP, L.L.C.: 10% owner.
- KING STREET CAPITAL MANAGEMENT, L.P.: 10% owner.
- HIGGINS BRIAN J: 10% owner.
- F1: 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.
- F2: 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.
- F3: 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.
Original sources
Prepared automatically from public filing data. Report a correction.