ACV PM Justin Kass Sells 10,484 Shares

What Happened
Justin Kass, a portfolio manager at Virtus Diversified Income & Convertible Fund (ticker: ACV), disposed of 10,484.07 shares on August 10, 2026. The shares were disposed to the issuer at $27.37 per share for a reported total of $286,973. This was a sale/disposition (not a purchase), which is often routine and does not by itself indicate company-wide insider sentiment.

Key Details

• Transaction date: 2026-08-10
• Transaction type/code: Disposition to the issuer (D) — sale/disposition
• Shares sold/disposed: 10,484.07 at $27.37 per share
• Reported proceeds: $286,973 (per filing)
• Filing date: 2026-08-18 (filed 8 days after the transaction; exceeds the typical 2-business-day Form 4 deadline)
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnotes/plan: no 10b5-1 plan, tax withholding, or other footnotes included in the provided data

Context
A disposition to the issuer can mean the insider sold or returned shares to the fund/issuer (e.g., redemption or surrender), rather than an open-market sale; the filing here lists it as a disposition. The filing delay is worth noting for timing/timeliness, but the transaction itself is a routine sale and should be interpreted as factual — not as commentary on fund performance or future outlook.