Form 4: Advent Convertible & Income Fund: Trustee Nancy E. Stuebe Reports Transaction
SEC Form 4 Filing
Nancy E. Stuebe, a trustee of Advent Convertible & Income Fund, reports the purchase of 500 shares of common stock at $11.7099 per share on May 2, 2024.
Summary
- On May 2, 2024, Nancy E. Stuebe, a trustee of Advent Convertible & Income Fund (AVK), purchased 500 shares of common stock.
- The purchase price was $11.7099 per share.
- Following the transaction, Ms. Stuebe directly owns 4,551.612 shares of AVK common stock.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in the company's stock. These filings are closely watched by investors seeking insights into management's confidence and actions.
Stakeholder Impact
- The transaction provides shareholders with information about insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 2020-12-07 | Date of Power of Attorney execution. |
| 2024-05-02 | Date of transaction (purchase of common stock). |
| 2024-05-02 | Date of Form 4 filing. |
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