Watson Robert A. 4
4 · BlueBay Destra International Event-Driven Credit Fund · Filed Jul 23, 2026
Research Summary
AI-generated summary of this filing
BlueBay Destra (CEDIX) President Robert Watson Sells 8,076 Shares
What Happened
Robert A. Watson, President of BlueBay Destra International Event-Driven Credit Fund (CEDIX), executed a disposition of 8,075.681 shares on July 20, 2026. The shares were disposed to the issuer at $21.70 per share, generating proceeds of $175,242. This was a sale/disposition (not a purchase); sales are often routine and do not necessarily signal a change in insider sentiment.
Key Details
- Transaction date: July 20, 2026; Price: $21.70 per share
- Shares disposed: 8,075.681; Total proceeds: $175,242
- Transaction type: Disposition to issuer (code D) — shares returned/redeemed to the issuer rather than an open-market sale
- Shares owned after the transaction: Not specified in the provided filing summary (see the Form 4 for the reported post-transaction holdings)
- No 10b5-1 trading plan, tax-withholding, or other footnotes were provided in the summary
- Filing: Form 4 filed July 23, 2026 — this is three calendar days after the trade and appears to be one business day after the typical 2-business-day Form 4 deadline (may indicate a late filing)
Context: Dispositions to the issuer typically reflect redemptions or returns of fund shares to the fund itself rather than open-market sales. Such transactions are procedural and do not, by themselves, indicate management opinion about the company’s prospects. For full details (post-transaction holdings, footnotes, and filing timeliness), review the complete Form 4 (Accession: 0001939754-26-000005).
Insider Transaction Report
- Disposition to Issuer
Class I Shares
2026-07-20$21.70/sh−8,075.681$175,242→ 15,903.611 total