MORRISS GEORGE W 4

What Happened
George W. Morriss, a director of Corient Registered Alternatives Fund, made an open-market/private purchase on 2026-02-02 of approximately 4,672.9 shares at $10.70 per share, for an aggregate reported amount of $50,000. This was a purchase (transaction code P), which is a straightforward acquisition rather than a sale.

Key Details

• Transaction date: 2026-02-02; Filing date (Form 4): 2026-02-04. Filing appears timely (within the usual two-business-day window).
• Price per share: $10.70; Shares purchased: ~4,672.9; Reported total value: $50,000.
• Shares owned after transaction: Not stated in this filing.
• Footnote: The filing includes a note that the figure is approximate — due to timing of the fund’s NAV calculation, the exact price per share and resulting share count could not be finalized at filing time.
• Transaction type: P = Purchase (open market or private purchase).

Context
Insider purchases can be more informative to investors than routine sales, but they do not by themselves reveal the insider’s motive. For registered investment funds, reported share counts and dollar amounts are sometimes approximate because buy orders are executed against a fund’s net asset value (NAV), which may be determined after an order is placed; the footnote here explains that timing issue.