4Filed Aug 31, 8:00 PM ET
Cornerstone (CLM) Director Greer Peter Buys 1,500 Shares
$CLM · Cornerstone Strategic Investment Fund, Inc.Research Summary
AI-generated summary of this SEC filing
Cornerstone (CLM) Director Greer Peter Buys 1,500 Shares
What Happened
Greer Peter, a director of Cornerstone Strategic Investment Fund, Inc. (CLM), reported an open market/private purchase of 1,500 shares on 2026-08-31 at $6.63 per share, for a total of $9,945. This was a buy (transaction code P), which investors often view as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-08-31; filing date (Form 4): 2026-09-01 (appears timely).
- Price per share: $6.63; shares purchased: 1,500; transaction value: $9,945.
- Shares owned after transaction: not specified in the provided summary—see the full Form 4 for post-transaction beneficial ownership.
- Transaction code: P (purchase). No 10b5-1 plan, tax withholding, option exercise, or gift noted in the provided details.
- Accession: 0001398344-26-016363; Period of Report: 2026-08-31.
Context
This was a straightforward equity purchase (not an option exercise or award). The dollar amount is modest, so while purchases can be a positive signal, the small size limits how much weight retail investors should place on it by itself. For full ownership context and any additional filing notes, review the complete Form 4 filing.