4Filed Aug 13, 8:00 PM ET
BEXIL (BXSY) Affiliate Winmill & Co. Buys 10,450 Shares
$BXSY · BEXIL INVESTMENT TRUSTResearch Summary
AI-generated summary of this SEC filing
BEXIL (BXSY) Affiliate Winmill & Co. Buys 10,450 Shares
What Happened
- Winmill & Co. Inc., identified as an affiliate of the registered investment adviser for Bexil Investment Trust (BXSY), made two open-market purchases of BXSY common shares. On 2026-08-13 it bought 5,250 shares at $18.01 ($94,553) and on 2026-08-14 it bought 5,200 shares at $18.08 ($94,016), for a total acquisition of 10,450 shares costing $188,569. These were purchases (code P), which are generally viewed as a bullish signal compared with sales, though they can represent institutional or fund activity.
Key Details
- Transaction dates and prices:
- 2026-08-13 — 5,250 shares @ $18.01 = $94,553
- 2026-08-14 — 5,200 shares @ $18.08 = $94,016
- Total acquired: 10,450 shares for $188,569.
- Filing: Form 4 filed with the SEC on 2026-08-14 reporting the above transactions.
- Shares owned after transaction: Not specified in the filing.
- Notable footnote: Reporting person is an affiliate of the registered investment adviser of the issuer (institutional/affiliate filing).
- Transaction code: P = Purchase. No 10b5-1 plan, option exercise, gift, or tax-withholding noted in this filing.
Context
- These purchases were made by an affiliate of Bexil’s investment adviser, which typically reflects fund or institutional buying rather than personal trades by a company officer. Such purchases can indicate confidence but do not by themselves prove future performance. The filing appears timely (filed the day after the first trade and on the same day as the second trade).