Kerns Janis F. 4

What Happened

• Janis F. Kerns, General Counsel & Corporate Secretary of Adams Diversified Equity Fund, Inc. (ADX), made multiple open-market purchases (transaction code P) totaling 321 shares. Trades executed on 2026-01-30 and 2026-02-02 at prices of $23.23–$23.30 per share, for an aggregate cost of $7,459. Purchases are buy transactions (potentially interpreted as a bullish signal compared with sales).

Key Details

• Transaction dates and prices:
  • 2026-01-30: 107 shares @ $23.24 = $2,487
  • 2026-01-30: 107 shares @ $23.23 = $2,486
  • 2026-01-30: 100 shares @ $23.23 = $2,323
  • 2026-02-02: 7 shares @ $23.30 = $163
• Total acquired: 321 shares for $7,459; average price ≈ $23.24.
• Shares owned after the transactions: not specified in the filing excerpt provided.
• Footnote: F1 states the purchases were made by an adult child of the reporting person in the child's individual account; the child is a college student whose permanent address is the reporting person’s household.
• Filing: Form 4 was filed Feb 2, 2026 (reporting period lists Jan 30, 2026 transactions). No late-filing flag was indicated in the information provided.

Context

• These were straightforward open-market purchases (P = Purchase), reported on a Form 4. Purchases by family members reported in a household can appear on the reporting person’s filing; the footnote clarifies the shares were bought in the child’s name rather than directly by Kerns. As always, filings show activity but do not explain motivation.