Form 4: Cliffwater Corporate Lending Fund Director Increases Stake with Recent Share Purchases
SEC Form 4 Filing
Paul Jay Williams, a director of Cliffwater Corporate Lending Fund, reports acquiring additional common shares, increasing his beneficial ownership.
Summary
- On July 19, 2024, Paul Jay Williams, a director of Cliffwater Corporate Lending Fund, purchased 11,204.483 common shares at $10.71 per share.
- On the same day, Williams also purchased 6,535.948 common shares at $10.71 per share.
- Following these transactions, Williams directly owns 161,390.907 common shares, including shares held by his spouse's account.
Sentiment
Score: 7
Explanation: Director's purchase is generally a positive signal, suggesting confidence in the company. However, the impact is moderate as it's a single director's action.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Directors' purchases are often seen as a positive sign, indicating confidence in the company's performance and future.
Stakeholder Impact
- Shareholders may view the director's purchase positively.
Key Dates
| Date | Description |
|---|---|
| 07/19/2024 | Date of the reported transactions: purchase of 11,204.483 and 6,535.948 common shares. |
| 07/22/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, beneficial ownership, director, CCLFX, Cliffwater Corporate Lending Fund, share purchase, Paul Jay Williams
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.