Form 4: Duff & Phelps Director, Geraldine McNamara, Reports Transaction in Company Stock

Director Geraldine McNamara reported the sale of 440 shares of Duff & Phelps Utility & Infrastructure Fund Inc. common stock at a price of $11.95 on February 19, 2025, and also reports holding 4,911.629 shares.

Summary

• On February 19, 2025, Geraldine McNamara, a director of Duff & Phelps Utility & Infrastructure Fund Inc. (DPG), reported a transaction involving the company's common stock.
• McNamara sold 440 shares at a price of $11.95 per share.
• Following the transaction, McNamara directly owns 4,911.629 shares of DPG common stock, which includes 2351.629 shares acquired through a dividend reinvestment plan since the last Form 4 filing.
• A Power of Attorney was executed on September 18, 2024, granting authority to several individuals to act on McNamara's behalf for Section 16 filings.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard disclosure of a stock transaction. The sale of shares by a director could be viewed either positively or negatively depending on the context and the investor's perspective.

Positives

• The director participates in a dividend reinvestment plan, indicating a long-term investment strategy.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a sale of shares by a director, which could be interpreted in various ways by the market.

Stakeholder Impact

• Shareholders may react to the director's sale of shares, potentially influencing the stock price.

Key Dates