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AI brief of an SEC Form 8-K · NGL Energy Partners LP (NGL)

NGL Energy Partners unitholders approve 2025 Long-Term Incentive Plan

Neutral Impact 2 of 5 shareholder Written later

At a February 9, 2026 special meeting, NGL Energy Partners unitholders approved the 2025 Long-Term Incentive Plan, which allows up to 10,000,000 units to be issued under the plan over a 10-year term. Unitholders also ratified Grant Thornton LLP as the independent registered public accounting firm for fiscal year 2026. The filing describes plan terms that limit repricing and bar automatic replenishment of units, but it does not state any financial results.

Key points

  • 2025 Plan approved: 50,358,968 votes for, 7,383,960 against, 1,252,770 abstain, 25,523,262 broker non-votes
  • Plan authorizes up to 10,000,000 units, with a 10-year term and no evergreen replenishment
  • Grant Thornton LLP ratified for fiscal 2026: 83,060,271 for, 509,685 against, 949,004 abstain
  • Record date for the special meeting was December 18, 2025

The filing

CompanyNGL Energy Partners LP (NGL)
Form8-K, current report
Filed with the SECFeb 9, 2026, 4:10 PM ET
Accession number0001504461-26-000005

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 09, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.