Form 4: Director Garcia Acquires Shares in Cliffwater Corporate Lending Fund
SEC Form 4 Filing
Director Dominic Jerome Garcia acquired 27,803.522 shares of Cliffwater Corporate Lending Fund at a price of $10.79 per share on November 20, 2024.
Summary
- Dominic Jerome Garcia, a director of Cliffwater Corporate Lending Fund, purchased 27,803.522 shares of the company's stock.
- The transaction occurred on November 20, 2024.
- The purchase price was $10.79 per share.
- The shares were directly acquired by Mr. Garcia.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as a director purchasing shares is generally seen as a positive sign, but it's a routine transaction.
Positives
- A director's purchase of shares can be seen as a positive signal of confidence in the company's future.
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 company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The transaction is typical for a director's share purchase and is similar to other filings from directors of comparable companies.
Stakeholder Impact
- The share purchase may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/20/2024 | Date of the share purchase transaction. |
| 11/22/2024 | Date the form was signed. |
Keywords
Cliffwater Corporate Lending Fund, Director Share Purchase, Insider Trading, Form 4, CCLFX, Dominic Jerome Garcia
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