COLMAN CAROL L 4

What Happened
Carol L. Colman, a director of Western Asset High Income Opportunity Fund Inc. (HIO), disposed of 4,500 shares in an open-market sale on April 13, 2026. The shares were sold at $3.66 per share for a total reported value of $16,470. This was a sale (not a purchase), which is often routine insider selling and does not by itself indicate a change in the company's outlook.

Key Details

• Transaction date: 2026-04-13 (reported on Form 4 filed 2026-04-14).
• Transaction type: Sale (open market/private sale).
• Shares sold: 4,500 at $3.66 per share; total proceeds $16,470.
• Shares owned after transaction: Not specified in the provided details.
• Footnote: F1 — includes shares acquired through the Fund's Dividend Reinvestment Plan.
• Timeliness: Filed the next day (appears timely under the two-business-day Form 4 rule).

Context
Open-market sales by directors can be routine (e.g., diversifying holdings or meeting personal cash needs). The filing notes the involvement of the fund's Dividend Reinvestment Plan for ownership reporting; it does not indicate option exercises, gifts, or a trading plan (10b5-1) in the provided information.