Form 4: DNP Select Income Fund Director Reports Share Acquisition Through Dividend Reinvestment

Director Geraldine McNamara reports acquiring additional shares of DNP Select Income Fund through a dividend reinvestment plan.

Summary

• Geraldine McNamara, a director of DNP Select Income Fund Inc., filed a Form 4 indicating a change in beneficial ownership.
• The transaction involved the acquisition of 11,391.2075 shares of common stock at a price of $9.41 on February 19, 2025.
• These shares were acquired through a dividend reinvestment plan.
• Following the transaction, McNamara beneficially owns 5,344.4759 shares.
• McNamara has also granted a power of attorney to several individuals to execute and file Forms 3, 4, and 5 on her behalf.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a transaction. The director's participation in the dividend reinvestment plan could be seen as slightly positive.

Positives

• The director's participation in the dividend reinvestment plan signals confidence in the fund's prospects.

Future Outlook

The document does not contain specific forward-looking statements about the fund's future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's continued investment in the fund.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's continued investment.

Key Dates

Keywords

Form 4, DNP Select Income Fund, Director, Geraldine McNamara, Dividend Reinvestment Plan, Beneficial Ownership, Power of Attorney, SEC Filing