HERZFELD THOMAS J 4

What Happened
Thomas J. Herzfeld, Chairman of the Advisor to Herzfeld Credit Income Fund, purchased 2,974 shares of HERZ on 2026-03-27 at $15.50 per share, for a total transaction value of $46,097. The purchase is reported on a Form 4 filed 2026-03-31. This was a buy (transaction code P), reported as an open-market or private purchase.

Key Details

• Transaction date: 2026-03-27
• Filing date (Form 4): 2026-03-31 — filed within the required window (timely)
• Shares purchased: 2,974 at $15.50 each
• Total value: $46,097 (approx.)
• Transaction type/code: Purchase (P); described as open market or private purchase
• Shares owned after transaction: Not disclosed in the filing
• Footnotes/plan references: None reported on the Form 4

Context
Insider purchases like this are direct acquisitions of company stock and are often highlighted by investors because they represent an insider adding to a position. The filing shows no special plan (e.g., 10b5-1) or tax-withholding notation and was filed timely. As always, this is factual reporting of the trade, not a recommendation—investors should consider broader fundamentals and disclosures before acting.