Spence John Yogi 4

What Happened

• Spence John Yogi, a Vice President at XAI Octagon Floating Rate & Alternative Income Trust (ticker: XFLT), reported purchasing 5,000 shares on February 19, 2026. The purchase price was $3.90 per share, for a total reported value of $19,500. The filing reports the transaction as a purchase (SEC code P), which is an acquisition of common stock.

Key Details

• Transaction date and price: 2026-02-19, 5,000 shares at $3.90 each.
• Reported transaction value: $19,500.
• Transaction type: Purchase (SEC code P) — listed as open market or private purchase in the filing.
• Shares owned after transaction: Not expressly stated in the excerpt provided; the filing includes footnotes showing shares received via the Dividend Reinvestment Plan but does not give a clear total beneficial ownership number here.
• Footnotes in the filing: indicate shares beneficially owned reflecting amounts received through the XFLT Dividend Reinvestment Plan — 3,932.59 (F1), 138.189 (F2), and 217.60 (F3).
• Timeliness: Report filed on 2026-02-19 for a transaction on 2026-02-19 — appears timely (no late filing indicated).

Context

• This was a straightforward purchase of shares by an executive; purchases can be more informative to investors than routine sales because they represent an acquisition of company stock by an insider. No options exercises, gifts, or 10b5-1 trading plan were reported in the information provided.