Form 4: Calamos Strategic Total Return Fund: VP and CFO Thomas Herman Reports Share Transactions

Thomas Herman, VP and CFO of Calamos Strategic Total Return Fund, reported purchasing shares of the fund on January 29th and 30th, 2025.

Summary

• Thomas Herman, the VP and CFO of Calamos Strategic Total Return Fund, has reported purchasing shares of the fund.
• On January 29, 2025, Mr. Herman acquired 11,683 shares at a price of $18.2337 per share.
• On January 30, 2025, he purchased an additional 11,507 shares at $18.3926 per share.
• Following these transactions, Mr. Herman directly owns a total of 23,190 shares of the fund.

Sentiment

Score: 6

Explanation: The document is neutral in sentiment. It reports a routine transaction by an executive. The purchase could be seen as a positive sign, but it's not a major event.

Positives

• The VP and CFO's purchase of shares could be seen as a positive signal of confidence in the fund's future performance.

Risks

• There are no specific risks mentioned in this document.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for publicly traded companies in the United States.
• The reported transactions are typical for executives who are granted or purchase shares in their company.
• The prices paid are within the normal range for the fund's trading history.

Stakeholder Impact

• The share purchases by the CFO may have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Calamos Strategic Total Return Fund, CSQ, insider trading, share purchase, Thomas Herman, CFO, SEC Form 4