Nagpal Ankur 4
Research Summary
AI-generated summary
USVC Venture Capital — Portfolio Manager Ankur Nagpal Buys $200K
What Happened
Ankur Nagpal, listed as a Portfolio Manager, purchased 9,760.86 shares of USVC Venture Capital Access Fund on June 26, 2026. The reported price was $20.49 per share, for a total reported transaction value of approximately $200,000. This transaction is coded as a purchase (P), which investors typically view as more informative than routine sales.
Key Details
- Transaction date and price: 2026-06-26 — 9,760.86 shares at $20.49 each.
- Total value: ≈ $200,000.
- Transaction type: Purchase (reported as "Open market or private purchase (P)").
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes/notable conditions: None reported in the supplied data.
- Filing timeliness: Form was filed on 2026-07-06, which is 10 days after the transaction date; this appears late relative to the usual Form 4 deadline (2 business days), which can reduce near-term transparency.
Context: This was a straightforward buy of fund shares by a portfolio manager rather than an option exercise, gift, or tax-related transfer. Purchases by insiders can be interpreted as a positive signal by some investors, but they do not alone confirm future performance.