DNP SELECT INCOME FUND INC·4

Feb 12, 4:35 PM ET

Kahrer Mark G. 4

Research Summary

AI-generated summary

Updated

DNP Director Mark G. Kahrer Buys 20,000 Shares

What Happened
Mark G. Kahrer, a director of DNP Select Income Fund Inc. (DNP), made an open-market purchase of 20,000 common shares on 2026-02-11 at $10.21 per share, for a total cash outlay of $204,200. This was a direct purchase (transaction code P), which represents insider buying rather than a sale or option exercise.

Key Details

  • Transaction date: 2026-02-11
  • Price per share: $10.21
  • Shares acquired: 20,000
  • Total value: $204,200
  • Transaction type/code: Open-market purchase (P)
  • Filing date: 2026-02-12 (filed timely under Form 4 rules)
  • Shares owned after transaction: Not disclosed in the provided filing excerpt
  • Footnotes/notable flags: None reported in the provided details

Context
Open-market purchases by directors show direct insider accumulation but are one data point among many; they do not guarantee future stock performance. Retail investors should consider this alongside the fund’s fundamentals, recent filings, and broader market conditions before drawing conclusions.