Form 4: Director Dunn Disposes of Fractional EVT Shares

Sentiment:

Insider Transaction Report


Eaton Vance Tax-Advantaged Dividend Income Fund director Aaron Dunn reported the disposition of 2.9311 common shares.

Delay expectedThe Form 4 was filed on November 14, 2025, reporting a transaction that occurred on October 16, 2025. This exceeds the SEC's two-business-day filing requirement for Form 4s.

Summary

  • Aaron Dunn, a Director of Eaton Vance Tax-Advantaged Dividend Income Fund (EVT), reported an insider transaction.
  • The transaction, coded as a disposition ('D'), involved 2.9311 common shares.
  • The transaction occurred on October 16, 2025.
  • The filing was submitted on November 14, 2025, and signed by Deidre Walsh as Attorney in Fact.
  • The filing did not specify the price per share for the disposition.
  • The filing did not specify the amount of securities beneficially owned by Aaron Dunn following this transaction.

Sentiment

Score: 5

Explanation: The disposition of a very small, fractional number of shares by a director is generally neutral. However, the filing is incomplete due to missing price and post-transaction holdings, and it was filed late, which are minor negative points.

Negatives

  • The filing does not specify the price per share for the disposition of 2.9311 common shares.
  • The filing does not specify the amount of securities beneficially owned by Aaron Dunn following this transaction, which is a standard disclosure requirement for Form 4 filings.
  • The Form 4 was filed on November 14, 2025, reporting a transaction that occurred on October 16, 2025, indicating a late filing beyond the SEC's standard two-business-day requirement.

Future Outlook

NA

Industry Context

This is a routine insider transaction report for a director of a closed-end fund. Such small fractional share dispositions are typically administrative and do not reflect broader industry trends or strategic shifts.

Stakeholder Impact

  • The disposition of 2.9311 common shares by a director is unlikely to have any material impact on shareholders, employees, customers, suppliers, or creditors due to its negligible size.

Key Dates

DateDescription
10/16/2025Date of transaction (disposition of common shares)
11/14/2025Date the Form 4 was signed and filed

Keywords

Eaton Vance Tax-Advantaged Dividend Income Fund, EVT, Aaron Dunn, Director, Insider Transaction, Form 4, Share Disposition, Common Shares

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