Form 4: Duff & Phelps Utility & Infrastructure Fund Inc. President and CEO Acquires 3,000 Shares
SEC Form 4 Filing
David D. Grumhaus, Jr., President and CEO of Duff & Phelps Utility & Infrastructure Fund Inc., purchased 3,000 shares of common stock on April 9, 2024.
Summary
- On April 9, 2024, David D. Grumhaus, Jr., President and CEO of Duff & Phelps Utility & Infrastructure Fund Inc. (DPG), acquired 3,000 shares of the company's common stock.
- The shares were purchased at a price of $9.42 per share.
- Following this transaction, Grumhaus directly owns 8,000 shares of DPG.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is a positive sign, but the limited information makes it difficult to assess the overall impact.
Positives
- The CEO's purchase of shares could be interpreted as a positive signal about the company's prospects.
Industry Context
Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued.
Key Dates
| Date | Description |
|---|---|
| 04/09/2024 | Date of transaction: David D. Grumhaus, Jr. purchased 3,000 shares of common stock. |
| 04/11/2024 | Date of signature on the Form 4 filing. |
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