Nagpal Ankur 4

What Happened

• Ankur Nagpal, listed as a Portfolio Manager, made three open-market purchases of shares in USVC Venture Capital Access Fund. The trades totaled 19,328.1 shares for $388,500:
  • Apr 30, 2026 — 50.1 shares @ $19.96 = $1,000
  • May 7, 2026 — 12,444 shares @ $20.09 = $250,000
  • Jun 3, 2026 — 6,834 shares @ $20.12 = $137,500
• These were purchases (transaction code P), which investors often view as a more informative signal than routine sales, since they increase the insider’s exposure.

Key Details

• Transaction dates & prices: Apr 30 ($19.96), May 7 ($20.09), Jun 3 ($20.12).
• Total acquired: 19,328.1 shares for a combined $388,500.
• Shares owned after transaction: Not disclosed in the filing.
• Filing date: Form 4 filed June 16, 2026. The report covers trades through June 3, 2026 and was filed after the typical two-business-day window for Form 4s (i.e., appears late).
• No 10b5-1 plan, tax-withholding, option exercises, or gift notations are reported in this filing.

Context

• The insider is identified as a portfolio manager, which typically indicates trading tied to investment management activity rather than executive compensation events. Purchases increase the manager’s stake; this is factual reporting of activity, not a statement about motivation.