4//SEC Filing
Paylor Ryan M 4
Accession 0001398344-25-012631
CIK 0000880406other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 4:00 PM ET
Size
5.7 KB
Accession
0001398344-25-012631
Insider Transaction Report
Form 4
Paylor Ryan M
Other
Transactions
- Other
Common stock
2025-06-30$2.46/sh+4,358$10,729→ 50,502 total
Footnotes (1)
- [F1]On June 30, 2025, the Fund paid a distribution of $0.2325 per share to stockholders of record on May 23, 2025 in cash and shares of common stock (the "June 2025 Distribution"). The June 2025 Distribution was paid in cash or shares of the Fund's common stock at the election of stockholders with the total amount of cash distributed to all stockholders limited to 20% of the total distribution to be paid, excluding any cash paid for fractional shares. The remainder of the June 2025 Distribution (approx. 80%) was paid in the form of shares of the Fund's common stock. The exact distribution of cash and stock to any given stockholder was dependent upon their election as well as elections of other stockholders, subject to the pro-rata limitation. The price per share used to calculate the number of shares to be issued in lieu of cash was $2.4618. Mr. R. Paylor received 4,358 shares of common stock of the Fund in connection with the June 2025 Distribution.
Documents
Issuer
HERZFELD CARIBBEAN BASIN FUND INC
CIK 0000880406
Entity typeother
Related Parties
1- filerCIK 0001767956
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 4:00 PM ET
- Size
- 5.7 KB