Morgan stanley pm & alt fund: secretary Jacobs bought 10,000 shares

What happened Jacobs Stephen Craig, secretary of the issuer and general counsel for the investment adviser, bought 10,000 shares at $10.00 per share on Oct 02, 2025, for $100,000. The Form 4 was filed on Oct 05, 2026.

Key details

• Transaction date and price: Oct 02, 2025 — purchase of 10,000 shares at $10.00 per share.
• Total value reported: $100,000.
• Shares owned after the transaction: not reported in the filing.
• Footnotes/plans: no 10b5-1 plan, tax withholding, or other footnotes disclosed.
• Filing timeliness: Form 4 filed Oct 05, 2026; filed late relative to the Oct 02, 2025 transaction.

Why it may matter

• The filing classifies the entry as a purchase (code P), an open-market or private purchase.
• A filing does not show why the insider traded or why the company acted.