NXG Cushing Midstream Energy Fund Files 8-K on Officer Changes
Ticker: SRV · Form: 8-K · Filed: Jan 23, 2025 · CIK: 1400897
| Field | Detail |
|---|---|
| Company | Nxg Cushing Midstream Energy Fund (SRV) |
| Form Type | 8-K |
| Filed Date | Jan 23, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, filing
TL;DR
NXG Cushing Midstream Energy Fund filed an 8-K on Jan 23, 2025, reporting director/officer changes and compensation details.
AI Summary
On January 23, 2025, NXG Cushing Midstream Energy Fund filed an 8-K report detailing changes in directors and officers, as well as compensatory arrangements. The filing also noted the company's former names, including Cushing MLP & Infrastructure Total Return Fund, with the most recent name change occurring on March 15, 2018.
Why It Matters
This filing indicates potential shifts in the fund's leadership and compensation structures, which could impact its strategic direction and operational management.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate governance and personnel changes, not indicating any immediate financial distress or significant operational risk.
Key Players & Entities
- NXG Cushing Midstream Energy Fund (company) — Registrant
- Cushing MLP & Infrastructure Total Return Fund (company) — Former company name
- January 23, 2025 (date) — Date of report
- March 15, 2018 (date) — Date of name change
FAQ
What specific changes were made regarding directors or officers?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' but does not provide specific names or details within the provided text.
What are the details of the compensatory arrangements mentioned?
The filing states 'Compensatory Arrangements of Certain Officers' as an item information, but the specific details of these arrangements are not included in the provided text.
When was the most recent name change for the company?
The most recent name change was on March 15, 2018, when the company was formerly known as Cushing MLP & Infrastructure Total Return Fund.
What is the company's state of incorporation and fiscal year end?
The company is incorporated in Delaware and its fiscal year ends on November 30.
What is the filing date and the period of report for this 8-K?
The filing was made as of January 23, 2025, and the conformed period of report is also January 23, 2025.
Filing Stats: 608 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2025-01-23 16:49:47
Filing Documents
- fp0092080-1_8kixbrl.htm (8-K) — 38KB
- 0001398344-25-000987.txt ( ) — 207KB
- srv-20250123.xsd (EX-101.SCH) — 3KB
- srv-20250123_lab.xml (EX-101.LAB) — 33KB
- srv-20250123_pre.xml (EX-101.PRE) — 22KB
- fp0092080-1_8kixbrl_htm.xml (XML) — 4KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) January 23, 2025 (January 23, 2025) NXG Cushing Midstream Energy Fund (Exact name of registrant as specified in its charter) Delaware 811-22072 35-2303963 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) One Energy Square, 4925 Greenville Avenue , Suite 1310 Dallas Texas 75206 (Address of principal executive offices) (Zip Code) Registrants telephone number, including area code (214) 692-6334 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares of Beneficial Interest SRV New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). [ ] Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ] Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers On January 23, 2025, the Board of Trustees (the "Board") of NXG Cushing Midstream Energy Fund (the "Fund") accepted the retirement of Ronald P. Trout as a Trustee of the Fund. On January 23, 2025, the Board appointed John Musgrave, Chief Executive Officer and President of the Fund, as a Trustee of the Fund to fill the vacancy created by the retirement of Mr. Trout. Mr. Musgrave serves as an Interested Trustee of the Fund as a result of his position as an officer of the Fund's investment adviser. Mr. Musgrave is a Class III Trustee. John H. Alban was previously deemed to be an Interested Trustee of the Fund as a result of his prior position as an officer of the Fund's investment adviser. Because Mr. Alban has not had, at any time since the beginning of the last two completed fiscal years of the Funds, a material business or professional relationship with the Fund's investment adviser and is not otherwise defined as an "Interested Person" (as defined in Section 2(a)(19) of the Investment Company Act of 1940) of the Fund, Mr. Alban now serves as an Independent Trustee of the Fund. On January 23, 2025, Mr. Alban was appointed by the Board as a member of the Audit Committee of the Fund and the Nominating and Corporate Governance Committee of the Fund. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NXG CUSHING MIDSTREAM ENERGY FUND Date: January 23, 2025 By: /s/ Blake Nelson Name: Blake Nelson Title: Chief Financial Officer