abrdn Global Infrastructure Income Fund: director Reit Todd exercised 1,333 shares

What happened

• Reit Todd, a director, exercised in-the-money derivatives on Oct 15, 2026. The Form 4 shows 333 shares acquired and 1,000 shares disposed; the filing lists prices and total values as N/A.
• Footnotes state the transactions relate to the Fund's rights offering: the basic subscription price was $19.28 per common share (fixed as of the close of the subscription period on Oct 15, 2026), and the reporting person exercised his basic subscription right in full but did not exercise the oversubscription privilege.

Key details

• Transaction date: Oct 15, 2026. Report filed Oct 19, 2026. Filing lists exercise transactions with price and value as N/A.
• Shares affected: 333 shares acquired and 1,000 shares disposed (total 1,333 shares exercised).
• Shares owned after the transaction: not reported in the filing provided.
• Relevant footnotes:
  • F1: Rights offering record date Sep 21, 2026; one Right per outstanding whole common share; one new common share purchasable for every three Rights; up to 10,545,755 common shares available.
  • F2: Oversubscription privilege allowed additional purchases at $19.28 per share subject to pro rata allocation; the reporting person exercised only the basic subscription right.
• Filing timeliness: filing date is Oct 19, 2026; the Form 4 reports transactions dated Oct 15, 2026.

Why it may matter

• The Form 4 shows derivative exercises and an immediate disposition of 1,000 shares on the same date; the filing classifies the transactions as exercise of an in-the-money derivative.
• The transactions are recorded in connection with a rights offering with a fixed subscription price of $19.28 per share.
• The filing does not show why the insider traded or why the company acted.