Behan Robert 4

What Happened Robert Behan, a director of Fairway Private Equity & Venture Capital Opportunities Fund, purchased 9,780.908 shares on 2026-01-02 at $12.78 per share, for a total reported outlay of $125,000. This was a direct purchase (transaction code P), which is generally interpreted as an insider acquisition rather than a sale.

Key Details

• Transaction date: 2026-01-02; reported filing date: 2026-01-29 (27 days later). Form 4s are typically required within 2 business days of a transaction, so this filing appears delayed based on the dates shown.
• Price per share: $12.78
• Shares acquired: 9,780.908
• Total value: $125,000 (rounded)
• Shares owned after transaction: Not reported in the details provided
• Notable footnotes/plans: No 10b5-1 plan, tax withholding, or other footnotes were indicated in the supplied summary

Context

• Transaction code P denotes a purchase (open market or private purchase). Insider purchases can be more informative to investors than routine sales, but they do not guarantee future stock performance.
• If you track insider activity, note the apparent delay between the trade date and the filing date; late filings can affect the timeliness of the information available to the market.