McCourt Stephen Patrick 4

What Happened
Stephen Patrick McCourt, Co-CEO of the fund’s sub-advisor, acquired 1,955.208 shares of Meketa Infrastructure Fund (MIFAX) on 2026-02-04 at $28.13 per share, for a total reported purchase value of $55,000. The transaction is coded "P" (open market or private purchase), i.e., a personal buy rather than a sale or option exercise. Purchases can be seen as a more informative insider signal than routine sales, though this is a relatively modest-sized transaction.

Key Details

• Transaction date: 2026-02-04
• Price per share: $28.13
• Shares acquired: 1,955.208 — Total value: $55,000
• Transaction code: P (purchase; open market or private purchase)
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing date: 2026-02-05 (appears timely; no late-filing flag reported)
• No footnotes (e.g., 10b5-1 plan, tax withholding) were indicated in the summary provided

Context
This is a direct purchase by a sub-advisor executive rather than a derivative transaction or gift. For retail investors, insider purchases can signal confidence, but this single, modest purchase should be weighed with other insider activity and company fundamentals. The filing appears timely and contains no special conditions or tax-withholding notes.