Ghodoosi Arash 4

What Happened

• Arash Ghodoosi, President and Principal Executive of Institutional Investment Strategy Fund (XIVYX), made a purchase of 0.827 shares on 2026-03-23 at $12.09 per share, for a total reported value of approximately $10. This was an insider purchase (transaction code P), a direct buy rather than an option exercise or award.

Key Details

• Transaction date: 2026-03-23; Price: $12.09 per share; Shares: 0.827; Total value: ~$10.
• Transaction type: Open market or private purchase (P).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes/notable plan information: None disclosed in the provided data.
• Filing timeliness: Form filed 2026-03-26 (three days after the trade); this appears to be late relative to the typical 2-business-day Form 4 deadline.

Context

• This was a very small-dollar insider purchase; while insider buys can attract attention, the ~$10 size is immaterial by itself and may not indicate a meaningful change in insider conviction. No derivatives, gifts, or tax-withholding events were reported for this transaction.