Portfolio manager for MEGI (NYSE: MEGI) buys 5,500 fund shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
NYLI CBRE Global Infrastructure Megatrends Term Fund portfolio manager Howard Hinds made an open-market purchase of 5,500 fund shares at $15.146 per share. After this transaction, he directly holds 7,010 shares, showing a meaningful increase in his personal stake in the fund.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,500 shares ($83,303)
Net Buy
1 txn
Insider
Howard Hinds
Role
Insider
Bought
5,500 shs ($83K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | NYLI CBRE Global Infrastructure Megatrends Term Fund | 5,500 | $15.146 | $83K |
Holdings After Transaction:
NYLI CBRE Global Infrastructure Megatrends Term Fund — 7,010 shares (Direct)
Footnotes (1)
Key Figures
Shares purchased: 5,500 shares
Purchase price: $15.146 per share
Shares owned after transaction: 7,010 shares
+1 more
4 metrics
Shares purchased
5,500 shares
Open-market buy of MEGI on 2026-04-15
Purchase price
$15.146 per share
Price paid for MEGI shares on 2026-04-15
Shares owned after transaction
7,010 shares
Direct MEGI holdings following the reported buy
Net buy shares
5,500 shares
Net effect of all reported trades in this filing
Key Terms
open-market purchase, non-derivative, direct ownership, Form 4/A
4 terms
open-market purchase financial
"transaction_action: open-market purchase"
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.
non-derivative financial
"transaction_type: non-derivative"
direct ownership financial
"ownership_type: direct; ownership_code: D"
Form 4/A regulatory
"INSIDER FILING DATA (Form 4/A)"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
FAQ
What insider transaction did Howard Hinds report for MEGI?
Howard Hinds reported an open-market purchase of 5,500 MEGI shares. He bought the NYLI CBRE Global Infrastructure Megatrends Term Fund at $15.146 per share, increasing his direct holdings to 7,010 shares after the transaction.
What price did Howard Hinds pay for NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI)?
Howard Hinds paid an average price of $15.146 per share for MEGI. This price applies to his open-market purchase of 5,500 shares, as disclosed in the Form 4/A insider trading report for the fund.
Was the MEGI insider trade by Howard Hinds a buy or a sell?
The MEGI insider transaction by Howard Hinds was a buy. He completed an open-market purchase of 5,500 shares of NYLI CBRE Global Infrastructure Megatrends Term Fund at $15.146 per share, raising his direct stake to 7,010 shares.
Is Howard Hinds’ MEGI transaction a direct or indirect holding change?
Howard Hinds’ MEGI transaction affects direct ownership in the fund. The Form 4/A identifies the 5,500-share open-market purchase as directly held, bringing his direct position in NYLI CBRE Global Infrastructure Megatrends Term Fund to 7,010 shares after the trade.