Form 4: Brookfield Real Assets Income Fund Director Sells Shares
SEC Form 4 Filing
Stuart McFarland, a director of Brookfield Real Assets Income Fund Inc., sold 1,860 shares of common stock at $13.38 per share on December 12, 2024.
Summary
- Stuart McFarland, a director at Brookfield Real Assets Income Fund Inc., sold 1,860 shares of the company's common stock on December 12, 2024.
- The sale was executed at a price of $13.38 per share.
- Following the transaction, McFarland beneficially owns 17,443 shares, which includes 10,674 shares acquired through dividend reinvestment.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of a stock sale by a director. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of an insider transaction, which is common in the financial industry. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting insider transactions in publicly traded companies, ensuring transparency and compliance with SEC regulations.
- The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company, but is a data point that investors will consider.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, as insider sales are often scrutinized by investors.
Key Dates
| Date | Description |
|---|---|
| February 9, 2023 | Date of the Power of Attorney document. |
| December 12, 2024 | Date of the stock sale transaction. |
| December 16, 2024 | Date the Form 4 was signed. |
Keywords
Brookfield Real Assets Income Fund, Stuart McFarland, insider trading, Form 4, share sale, director, stock transaction, SEC filing
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