4Filed Aug 31, 8:00 PM ET

Cornerstone Total Return Fund (CRF) Director Peter Greer Buys Stock

$CRF · CORNERSTONE TOTAL RETURN FUND INC

Research Summary

AI-generated summary of this SEC filing

Updated

Cornerstone Total Return Fund (CRF) Director Peter Greer Buys Stock

What Happened

  • Peter Greer, a director of Cornerstone Total Return Fund Inc. (CRF), reported an open-market/private purchase (code P) of 1,500 shares on 2026-08-31. The shares were acquired at $6.41 per share for a total of $9,608. This was a purchase (acquisition), which investors often view as a more informative signal than routine sales, though the dollar amount here is modest.

Key Details

  • Transaction date and price: 2026-08-31 — 1,500 shares at $6.41 each.
  • Total value: $9,608 (approx).
  • Shares owned after transaction: Not specified in the provided excerpt of the Form 4; the filing’s footnote indicates the reported total includes a fractional share from the issuer’s dividend reinvestment plan.
  • Footnote: F1 — total shares reported includes a fractional share acquired via the issuer’s dividend reinvestment plan since the reporter’s initial Form 3.
  • Timeliness: Reported on 2026-09-01 for a 2026-08-31 trade, which appears timely under the usual Form 4 reporting window.

Context

  • Code P denotes a purchase; this was an outright acquisition rather than an option exercise or award. The size (~$9.6k) is relatively small for an insider transaction, so while it’s a purchase, it should be weighed accordingly and not over-interpreted.
  • No 10b5-1 plan, gift, tax-withholding, or exercise details were indicated in the provided filing excerpt.