Form 4: Director Charles Gerber Reports Acquisition and Disposal of Shares in Credit Suisse Asset Management Income Fund
SEC Form 4 Filing
Director Charles Gerber reports a transaction involving the acquisition and disposal of common stock in Credit Suisse Asset Management Income Fund on January 3, 2025.
Summary
- On January 3, 2025, Charles Gerber, a director of Credit Suisse Asset Management Income Fund, Inc. (CIK), engaged in a transaction involving the company's common stock.
- Gerber acquired 8,620 shares of common stock at a price of $2.005 per share.
- Simultaneously, Gerber disposed of 8,620 shares.
- The filing indicates that this transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction may be of interest to shareholders as it reflects insider activity, but the impact is likely minimal given the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of transaction: acquisition and disposal of common stock. |
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