SELL MORITZ A 4
4 · Total Return Securities Fund · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
Total Return Securities Fund (SWZ) Director Moritz A Buys 4,091 Shares
What Happened
- Moritz A, a director of Total Return Securities Fund (ticker: SWZ), made two purchases (transaction code P) totaling 4,091 shares: 2,091 shares on 2026-06-26 at $5.88 ($12,306) and 2,000 shares on 2026-06-29 at $5.92 ($11,850). The combined outlay reported is about $24,156. These were purchases (insider acquisitions), not sales.
Key Details
- Transaction dates and prices:
- 2026-06-26: Purchase of 2,091 shares @ $5.88 — $12,306 reported
- 2026-06-29: Purchase of 2,000 shares @ $5.92 — $11,850 reported
- Shares owned after the transactions: Not disclosed in the provided data.
- Footnotes: F1 — Amount includes shares acquired through the issuer's dividend reinvestment plan.
- Filing timeliness: Report filed 2026-06-30. No late‑filing indicator shown in the provided information.
Context
- These transactions are open‑market/private purchases (code P). Insider purchases are often monitored by investors as one data point on insider conviction, but the filing itself does not disclose the insider's motive or further trading plans.
Insider Transaction Report
Form 4
SELL MORITZ A
Director
Transactions
- Purchase
Common Stock
[F1]2026-06-26$5.88/sh+2,091$12,306→ 18,246 total - Purchase
Common Stock
[F1]2026-06-29$5.92/sh+2,000$11,850→ 20,246 total
Footnotes (1)
- [F1]Amount includes shares acquired through the Issuer's dividend reinvestment plan.
Signature
/s/ Stephanie Darling, as Power of Attorney|2026-06-30