Ajmera Radhika 4

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.