Allen Brad 4

What Happened Brad Allen, Treasurer of Keystone Private Income Fund, acquired 60,882.801 shares on March 1, 2026 at $98.55 per share, for a total purchase value of approximately $6,000,000. The transaction is reported on a Form 4 filed March 13, 2026 and is coded as a purchase (P).

Key Details

• Transaction date and price: March 1, 2026 — 60,882.801 shares @ $98.55 each (total ≈ $6,000,000).
• Transaction type: Purchase (subscription/open market or private purchase as reported).
• Filing date: March 13, 2026 — the Form 4 was filed 12 days after the transaction date (appears late under the two-business‑day Section 16 filing rule).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: Subscription was dated March 1, 2026; NAV per share pricing as of March 1 was finalized on March 12, 2026.
  • F2 & F4: Mr. Allen disclaims beneficial ownership of shares held by Hallein Holdings LLC except to his pecuniary interest.
  • F2, F3, F4, F5: The filing also references small amounts of Class Z shares (505.426; 35.068; 7.24; 39.098) acquired via the issuer’s dividend reinvestment plan from Jan 24, 2026 through the report date.

Context This was a straight purchase/subscription of fund shares (not an option exercise or gift). Purchases by insiders can be interpreted by some investors as a positive signal, but filings are factual records of transactions and do not disclose the insider’s motivation. The late filing reduces near-term transparency and is notable for compliance observers.