Form 4: Director Rogers-Windsor Increases Stake in Cohen & Steers Select Preferred & Income Fund, Inc.
SEC Form 4
Director Rogers-Windsor Ramona Lynn acquired 154 shares of Cohen & Steers Select Preferred & Income Fund, Inc. at $19.41 per share on May 6, 2024, increasing her direct holdings.
Summary
- On May 6, 2024, Ramona Lynn Rogers-Windsor, a director of Cohen & Steers Select Preferred & Income Fund, Inc. (PSF), purchased 154 shares of common stock.
- The shares were acquired at a price of $19.41 per share.
- Following the transaction, Rogers-Windsor directly owns 910.5577 shares of PSF.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. It reflects a director increasing their stake in the company, which is generally viewed favorably, but the purchase is relatively small.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or those holding 10% or more of a company's shares) buy or sell stock in their own companies. These filings are closely watched by investors for signals about a company's prospects.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of transaction: Ramona Lynn Rogers-Windsor purchased 154 shares of Cohen & Steers Select Preferred & Income Fund, Inc. |
| 05/07/2024 | Date of signature on the Form 4 filing. |
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