abrdn World Healthcare Fund·4

Jul 20, 2:33 PM ET

Mahai Chris LaVictoire 4

Research Summary

AI-generated summary

Updated

abrdn THW Director Mahai LaVictoire Buys 796 Shares

What Happened
Mahai Chris LaVictoire, a director of abrdn World Healthcare Fund (ticker: THW), made an open-market purchase of 796 shares on July 16, 2026 at $13.20 per share, totaling approximately $10,507. This was a purchase (a bullish signal vs. a sale), though the size is relatively small.

Key Details

  • Transaction date and price: 2026-07-16 — 796 shares at $13.20 per share.
  • Total value: ~$10,507.
  • Shares owned after the transaction: Not disclosed in the provided filing excerpt.
  • Plan/footnotes: No 10b5-1 plan, withholding, or other special footnotes reported in the provided data.
  • Filing timeliness: Form 4 was filed on 2026-07-20 (four days after the trade), which exceeds the SEC’s usual 2-business-day filing window for Form 4s; this delay can reduce the timeliness/value of the disclosure.

Context
A direct open-market purchase by a director can signal confidence, but the relatively small dollar amount here suggests a modest personal purchase. Because the filing was submitted after the typical deadline, the market received this disclosure later than required, which matters for traders relying on timely insider data.