GOLDSTEIN PHILLIP 4

What Happened

• The Form 4 shows transactions by three 10% owners/partners — Bulldog Investors, LLP; Phillip Goldstein; and Andrew Dakos — dated January 20, 2026. Each reported 678 shares at $3.50 (each line shows $2,373); combined that is 2,034 shares for $7,119. The filing lists the transaction code as "P" (purchase) but the entries are labeled as "Disposed," indicating these shares were transferred/disposed per the filing language.

Key Details

• Transaction date: 2026-01-20; reported on Form 4 filed 2026-01-22 (appears timely).
• Price and amounts: 678 shares at $3.50 each per filer = $2,373 each; aggregate 2,034 shares for $7,119.
• Shares owned after transaction: not specified in the provided filing data.
• Footnote: F1 states shares are held by Phillip Goldstein; Bulldog Investors, LLP and Andrew Dakos disclaim beneficial interest except to the extent of any pecuniary interest. Andrew Dakos and Phillip Goldstein are partners of Bulldog Investors, LLP.
• Transaction code note: filing uses code P but labels the rows as "Disposed" — the filing text implies a disposition rather than a purchase.

Context

• These filings are from 10% owners (large holders/partners), not company executives; such transactions can reflect institutional portfolio moves or internal ownership structuring rather than executive sentiment.
• The dollar amounts here are small (about $7.1k total), so the trades are minor in size and may have limited market signal. The filing appears timely (filed two days after the reported date).