Mattson Michelle Ann 4
Research Summary
AI-generated summary
Keystone Private Income Fund Secretary Michelle Mattson Buys 202.881 Shares
What Happened
Michelle Ann Mattson, Secretary of Keystone Private Income Fund, reported a purchase of 202.881 shares at $98.58 per share for a total cash outlay of $20,000. The transaction is coded as a purchase (P) and reflects a subscription-style acquisition rather than a sale.
Key Details
- Transaction date (subscription dated): 2026-02-01; Form filed: 2026-02-20 (filing appears late).
- Price and size: 202.881 shares @ $98.58 = $20,000.
- Filing timeliness: Form 4 was filed 19 days after the transaction date; footnote F1 states the subscription used NAV pricing as of Feb 1, 2026 which was finalized on Feb 19, 2026 — likely explaining the delayed final pricing and filing.
- Footnotes: F2 and F3 note inclusion of 60.679 and 15.554 Class Z shares, respectively, acquired via the issuer’s dividend reinvestment plan from June 27, 2025 through the report date.
- Shares owned after the transaction are not specified in the provided summary of the filing.
Context
This was a purchase (often seen as a neutral-to-bullish signal), executed via subscription/NAV pricing rather than an open-market sale. The late filing is disclosed; the filer attributes timing to NAV finalization (F1). As with all insider trades, this is factual evidence of an insider acquiring shares but does not, by itself, prove a change in company prospects.