Form 4: First Trust High Yield Opportunities 2027 Term Fund Director James A. Bowen Reports Transaction
SEC Form 4 Filing
Director James A. Bowen reports the acquisition of 17,000 common shares of First Trust High Yield Opportunities 2027 Term Fund at $14.7547 per share.
Summary
- On September 10, 2024, James A. Bowen, a director and officer (Investment Advisor) of First Trust High Yield Opportunities 2027 Term Fund, acquired 17,000 common shares of the company.
- The shares were purchased at a price of $14.7547 per share.
- Following the transaction, Bowen beneficially owns 123,000 common shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing detailing a transaction by a company director. The purchase itself could be seen as mildly positive, but the document is primarily informational.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider trading regulations and provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The transaction provides shareholders with information about the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| July 20, 2015 | Date of execution of the Power of Attorney. |
| 09/10/2024 | Date of transaction: James A. Bowen acquired 17,000 common shares. |
| 09/11/2024 | Date of signature for the Form 4 filing. |
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