Form 4: Ares Dynamic Credit Allocation Fund Insider Buys Shares
Insider Transaction (Form 4)
Financial For Lutherans Thrivent, a 10% owner of Ares Dynamic Credit Allocation Fund, Inc., purchased 240,000 shares of common stock on September 14, 2026 for $25.00 per share.
Summary
- Other acquisition/disposition: disposed of 360,000 Mandatory Redeemable Preferred Shares, Series B at $25.00 ($9,000,000) on September 15, 2026 (Direct).
- Open-market purchase: acquired 240,000 Mandatory Redeemable Preferred Shares, Series E at $25.00 ($6,000,000) on September 14, 2026; holds 240,000 after (Direct).
Sentiment
Score: 9
Explanation: StockSavvy.ai views this as a bullish signal: an insider made an open-market purchase of $6,000,000, committing personal capital to the stock.
Insider Transactions
Financial For Lutherans Thrivent — 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-15 | Other acquisition/disposition | Mandatory Redeemable Preferred Shares, Series B | 360,000 | $25 | $9.0M | 0 |
| 2026-09-14 | Open-market purchase | Mandatory Redeemable Preferred Shares, Series E | 240,000 | $25 | $6.0M | 240,000 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-15 | Other acquisition/disposition (360,000 shares) |
| 2026-09-14 | Open-market purchase (240,000 shares) |
Keywords
insider transaction, Form 4, ARDC, Ares Dynamic Credit Allocation Fund, Inc., bullish, Financial For Lutherans Thrivent
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