XAI Octagon (NYSE: XFLT) VP discloses 7,811-share transfer to employees

Rhea-AI Filing Summary

XAI Octagon Floating Rate & Alternative Income Trust reported an insider share transfer by a vice president. On 12/24/2025, the insider disposed of 7,811 common shares of beneficial interest at a reported price of $0, described as a share transaction reflecting a disposition of shares to employees. After this transaction, the insider directly beneficially owns 550,859.238 common shares.

The filing also shows additional indirect holdings, including 10,250 common shares held through XA Investments LLC, 10,299.901 common shares held by the insider’s spouse, and 16,104.24 common shares held through XMS Holdings LLC. The form is filed for one reporting person who serves as an officer with the title Vice President.

Insider Trade Summary

7,811 shares gifted

Mixed 4 txns

Insider Spence John Yogi

Role Vice President

Type	Security	Shares	Price	Value
Gift	Common Shares of Beneficial Ownership	7,811	$0.00	--
holding	Common Shares of Beneficial Ownership	--	--	--
holding	Common Shares of Beneficial Ownership	--	--	--
holding	Common Shares of Beneficial Ownership	--	--	--

Holdings After Transaction: Common Shares of Beneficial Ownership — 16,104.24 shares (Indirect, XMS Holdings LLC); Common Shares of Beneficial Ownership — 550,859.238 shares (Direct)

Footnotes (1)

1. Shares beneficially owned reflect 20 received through the XFLT Dividend Reinvestment Plan Shares beneficially owned reflect 424.986 received through the XFLT Dividend Reinvestment Plan

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Spence John Yogi

(Last) (First) (Middle)

321 N. CLARK STREET

(Street)

CHICAGO IL 60054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
XAI Octagon Floating Rate & Alternative Income Trust [ XFLT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares of Beneficial Ownership								550,859.238(1)	D
Common Shares of Beneficial Ownership								10,250	I	XA Investments LLC
Common Shares of Beneficial Ownership								10,299.901(2)	I	By Spouse
Common Shares of Beneficial Ownership	12/24/2025		G		7,811	D	$0	16,104.24	I	XMS Holdings LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares beneficially owned reflect 20 received through the XFLT Dividend Reinvestment Plan

2. Shares beneficially owned reflect 424.986 received through the XFLT Dividend Reinvestment Plan

Remarks:

Share transaction reflects a disposition 7,811 of shares to employees.

	/s/	12/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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