Baker James C 4
Research Summary
AI-generated summary
KYN President James C. Baker Buys 25,000 Shares
What Happened
James C. Baker, President and Director of Kayne Anderson Energy Infrastructure Fund, Inc. (KYN), reported an open-market/private purchase of 25,000 shares on 2026-04-27 at $13.57 per share, for a total cost of $339,250. This was a straightforward purchase (transaction code P), which represents an insider buying shares rather than selling them.
Key Details
- Transaction date: 2026-04-27
- Transaction type: Purchase (open market or private purchase), code P
- Price per share: $13.57
- Shares purchased: 25,000
- Total value: $339,250
- Shares owned after transaction: Not specified in the Form 4 filing
- Footnotes/plan: No 10b5-1 plan or other footnotes noted in the filing
- Timeliness: Filed on the reporting date (timely)
Context
Insider purchases can be interpreted by some investors as a positive signal because executives are adding to their holdings, but they do not guarantee future performance. This filing shows a direct purchase rather than option exercise, gift, or tax-related withholding.