Form 4: Clarion Partners Real Estate Income Fund Inc.: Portfolio Manager Richard H. Schaupp Reports Acquisition of Common Stock

Richard H. Schaupp, a Portfolio Manager at Clarion Partners Real Estate Income Fund Inc., reported acquiring 12,755.102 shares of common stock at $11.76 per share on August 12, 2024.

Summary

• On August 12, 2024, Richard H. Schaupp, a Portfolio Manager at Clarion Partners Real Estate Income Fund Inc., acquired 12,755.102 shares of common stock.
• The purchase price was $11.76 per share.
• Following the transaction, Schaupp beneficially owns 58,210.827 shares of common stock, which includes shares acquired through the Fund's Dividend Reinvestment Plan.
• The transaction was reported on Form 4, filed with the Securities and Exchange Commission.

Sentiment

Score: 6

Explanation: Neutral sentiment. The document simply reports a transaction. The purchase by a portfolio manager could be interpreted slightly positively, but it's a routine filing.

Positives

• The purchase by a portfolio manager could be seen as a positive signal, indicating confidence in the fund's prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a purchase of shares by a portfolio manager, which is a common occurrence.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Beneficial Ownership, Clarion Partners Real Estate Income Fund Inc., Richard H. Schaupp, Portfolio Manager, Common Stock, Acquisition, Dividend Reinvestment Plan