Form 4: BlackRock Floating Rate Income Strategies Fund Director Acquires Shares
SEC Form 4 Filing
Director Stayce D. Harris purchased 10 shares of BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) common stock at $13.7584 per share on October 29, 2024.
Summary
- On October 29, 2024, Stayce D. Harris, a director of BlackRock Floating Rate Income Strategies Fund, Inc. (FRA), acquired 10 shares of common stock.
- The purchase price was $13.7584 per share.
- Following the transaction, Ms. Harris directly owns 10 shares of FRA.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The purchase of a small number of shares by a director is mildly positive, but not significantly so.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company, such as directors or officers, buy or sell the company's securities. This filing indicates a purchase of shares by a director, which could be interpreted as a positive signal, though the quantity is very small.
Stakeholder Impact
- The purchase of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 10/29/2024 | Date of transaction: Stayce D. Harris purchased 10 shares of common stock. |
| 10/30/2024 | Date of signature: Form 4 signed by Gladys Chang as Attorney-in-Fact. |
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