Ajmera Radhika 4

4 · ABRDN ASIA-PACIFIC INCOME FUND, INC. · Filed May 19, 2026

AI-generated summary of this filing

Updated May 19, 2026

ABRDN Asia‑Pacific (FAX) Director Ajmera Receives 176 Shares

What Happened

Ajmera Radhika, a director, received 176 common shares of ABRDN Asia‑Pacific Income Fund, Inc. (ticker: FAX) in a reorganization with abrdn Global Income Fund, Inc. The shares were issued on May 15, 2026 under transaction code J (other acquisition/disposition). No per‑share trade price is reported because the exchange was done based on net asset values (NAVs); the 176 shares are worth approximately $2,730 (176 × $15.509 NAV).

Key Details

Transaction date: May 15, 2026 (Form 4 filed May 19, 2026).
Transaction type/code: Other acquisition/disposition (Code J) — reorganization/conversion of fund shares.
Shares received: 176 common shares of the Acquiring Fund; price listed as N/A (conversion based on NAV).
Conversion details: Reporting person surrendered 1,000 common shares of abrdn Global Income Fund, Inc. and received 176 shares of the Acquiring Fund; conversion ratio = 0.176821. NAVs used: Target Fund $2.7423/share; Acquiring Fund $15.509/share. Cash was paid for any fractional shares.
Shares owned after transaction: 176 common shares of the Acquiring Fund (result of the conversion).
Filing/timeliness: Form 4 was filed four days after the transaction (May 19 vs May 15); Form 4s are generally due within two business days, so this may be later than typical.
Exhibit listed: Exhibit 24 — Power of Attorney.

Context

This was an administrative conversion tied to a fund reorganization (not an open‑market buy or outright sale). Such reorganizations exchange fund shares at NAV and generally reflect corporate actions rather than an insider expressing a buy/sell opinion. The economic value exchanged is approximately $2.7k based on the stated NAVs.

Form 4

Period: 2026-05-15

Director

Transactions

Footnotes (1)

[F1]Effective as of May 15, 2026, abrdn Global Income Fund, Inc. (the "Target Fund") was reorganized into the abrdn Asia-Pacific Income Fund, Inc. (the "Acquiring Fund," and such reorganization, the "Reorganization"). In the Reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on May 15, 2026, less the costs of the Reorganization (although cash was distributed for any fractional shares). As of May 15, 2026, the Target Fund reported a NAV per share of $2.7423 and the Acquiring Fund reported a NAV per share of $15.509. The conversion ratio for the Target Fund's common shares was 0.176821. In the Reorganization, the Reporting Person received 176 common shares of the Acquiring Fund in exchange for their 1,000 common shares of the Target Fund.

Signature

/s/ Robert Stieger, by POA from Reporting Person|2026-05-19

2 files