Keystone Private Income Fund·4

Feb 20, 1:07 PM ET

Mattson Michelle Ann 4

Research Summary

AI-generated summary

Updated

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.