Herzfeld Credit Income (NASDAQ: HERZ) insider adds 3610 shares in open-market buy
Rhea-AI Filing Summary
Herzfeld Credit Income Fund, Inc. insider Thomas J. Herzfeld, described as Chairman of the Advisor, reported an open-market purchase of 3610 shares of common stock at $16.0141 per share. After this transaction, he directly holds 197248 shares, indicating a routine increase in his personal stake.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 3,610 shares
Net Buy
1 txn
Insider
HERZFELD THOMAS J
Role
Insider
Bought
3,610 shs ($58K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock | 3,610 | $16.0141 | $58K |
Holdings After Transaction:
Common stock — 197,248 shares (Direct)
Key Figures
Shares purchased: 3610 shares
Purchase price: $16.0141 per share
Shares held after: 197248 shares
+1 more
4 metrics
Shares purchased
3610 shares
Open-market purchase of common stock
Purchase price
$16.0141 per share
Price paid in the reported transaction
Shares held after
197248 shares
Direct holdings following the transaction
Net buy shares
3610 shares
Net change in common stock position from this filing
Key Terms
open-market purchase, common stock, Form 4, directly holds
4 terms
open-market purchase financial
"reported an open-market purchase of 3610 shares of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
common stock financial
"reported an open-market purchase of 3610 shares of common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"What did Thomas J. Herzfeld report in this Form 4 for HERZ?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
directly holds financial
"After this transaction, he directly holds 197248 shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Thomas J. Herzfeld report in this Form 4 for HERZ?
Thomas J. Herzfeld reported an open-market purchase of 3610 shares of Herzfeld Credit Income Fund, Inc. common stock at $16.0141 per share. Following the transaction, his directly held position increased to 197248 shares, reflecting a modest addition to his holdings.
Was the HERZ insider transaction a buy or sell?
The HERZ insider transaction was a buy. Thomas J. Herzfeld executed an open-market purchase of 3610 shares of common stock at $16.0141 per share, increasing his directly owned position to 197248 shares after the transaction was completed.
Does this HERZ Form 4 show any derivative security activity?
This Form 4 does not show any derivative security activity. The filing records only a single non-derivative open-market purchase of 3610 common shares at $16.0141 per share, leaving no remaining derivative positions listed in the derivative summary section.