Western Asset Diversified Income Fund (WDI) Director Nisha Kumar Sells Shares

What Happened Nisha Kumar, a director of Western Asset Diversified Income Fund (WDI), sold a total of 22,886.300 shares in open‑market transactions on August 10, 2026, generating approximately $300,567 in proceeds. The filing reports four disposals: 9,000 shares at $13.12 ($118,080), 3,224.511 shares at $13.15 ($42,418), 3,750 shares at $13.14 ($49,283), and 6,911.789 shares at $13.13 ($90,786). These were sales (not purchases), which are often routine financial transactions and do not necessarily signal a change in view on the company.

Key Details

• Transaction date: August 10, 2026; Form 4 filed August 12, 2026 (within standard two‑business‑day window).
• Reported prices: filing shows weighted averages per line; footnote states actual sale prices ranged from $13.08 to $13.13 (reporting person can provide exact breakdown if requested).
• Total shares sold: 22,886.300; total proceeds: ~$300,567.
• Shares owned after transaction: not specified in the provided filing information.
• Notable footnotes:
  • F1: Price shown is a weighted average; exact per‑trade prices available on request.
  • F2: Reflects an adjustment after reconciliation of the reporting person's records.
  • F3: The shares are held in an account for Ms. Kumar’s family; she disclaims beneficial ownership except to the extent of any pecuniary interest.

Context: This filing reports straight sales of common stock (code S). Sales by directors can be routine (e.g., portfolio rebalancing or personal needs) and, absent other information, should not be over‑interpreted as a definitive signal about company prospects.