Virtus AIO Fund (AIO) PM Stephen B. Jue Sells 10,000 Shares

What Happened Stephen B. Jue, a portfolio manager (PM) at Virtus Artificial Intelligence & Technology Opportunities Fund (AIO), reported two dispositions to the issuer on August 10, 2026, totaling 10,000 shares. He sold 5,318 shares at $26.36 ($140,189) and 4,682 shares at $26.25 ($122,903), for a combined proceeds of approximately $263,092. These were sales (dispositions) rather than purchases.

Key Details

• Transaction date: 2026-08-10 (both dispositions)
• Prices and amounts:
  • 5,318 shares @ $26.36 = $140,189
  • 4,682 shares @ $26.25 = $122,903
• Total shares sold: 10,000; total proceeds ≈ $263,092
• Transaction code: D (Disposition to the issuer)
• Shares owned after transaction: Not disclosed in the provided filing excerpt
• Filing date: Form 4 filed 2026-08-17 (seven days after the transaction; beyond the typical 2-business-day Form 4 deadline)
• No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the supplied details

Context The filing classifies these as "Disposition to the issuer" (Code D), meaning the shares were transferred back to the issuer; the report does not state the reason for the disposition. Sales are common and may be routine; they do not by themselves indicate management’s view of the company’s outlook. The late filing (filed seven days after the trades) is a timing/detail that investors may note when assessing disclosure practices.