BECKER ROBERT 4

What Happened

• Robert Becker, listed as a Portfolio Manager of the fund's adviser, purchased 2,000 shares of 2023 ETF Series Trust (NFRX) on 2026-02-26. The shares were acquired at $27.55 per share for a total transaction value of $55,100. This was reported on a Form 4 filed the next day.

Key Details

• Transaction type: Purchase (code P) — open market or private purchase.
• Transaction date and price: 2026-02-26, 2,000 shares at $27.55 each.
• Total value: $55,100.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes/plans: No 10b5-1 plan, tax-withholding, or other special footnotes reported in the supplied details.
• Filing timeliness: Form 4 filed 2026-02-27 (filing appears timely).

Context

• This is a direct buy by a portfolio manager of the fund’s adviser, not an option exercise or gift. Purchases can be informative to investors as a straightforward acquisition, but the filing provides no explanation of motive.