4//SEC Filing
Paylor Ryan M 4
Accession 0001398344-26-000075
CIK 0000880406other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 6:16 PM ET
Size
6.7 KB
Accession
0001398344-26-000075
Insider Transaction Report
Form 4
Paylor Ryan M
Other
Transactions
- Disposition to Issuer
Common stock
2025-12-30$2.58/sh+14,670$37,847→ 61,493 total
Footnotes (3)
- [F1]On December 30, 2025, the Fund paid a distribution, in cash and shares of common stock, of $0.6867 per share owned by each stockholder as of the payment date of December 30, 2025 (the "December 2025 Distribution"). The December 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.
- [F2]The remainder of the December 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 $2.5799, which was determined using the volume weighted average price per share of the Fund on December 12, 15 and 16, 2025. Mr. R. Paylor received 14,670 shares of common stock of the Fund in connection with the December 2025 Distribution.
- [F3]The amount reported represents the estimate number of shares to be received by the reporting person in connection with the cash or stock distribution announced on December 30, 2025. The exact distribution of cash and stock to the reporting person is dependent upon their election as well as elections of other stockholders, subject to the pro-rata limitation. If necessary, an amended Form 4 will be filed to report the number of shares actually received by the reporting person in connection with the cash or stock distribution once the final allocations are determined.
Documents
Issuer
Herzfeld Credit Income Fund, Inc
CIK 0000880406
Entity typeother
Related Parties
1- filerCIK 0001767956
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 6:16 PM ET
- Size
- 6.7 KB