4/A: First Trust Fund Officer Angelo D. Graci Corrects Transaction Reporting in Amended SEC Filing
SEC Form 4/A (Amendment)
Angelo D. Graci, an officer of the investment sub-advisor for First Trust Intermediate Duration Preferred & Income Fund, files an amended Form 4 to correct a previously misreported transaction.
Summary
- Angelo D. Graci, an officer of the investment sub-advisor for First Trust Intermediate Duration Preferred & Income Fund (FPF), filed an amended Form 4 with the SEC.
- The amendment corrects a transaction initially reported on April 5, 2024, where the transaction code was incorrectly listed as 'P'.
- The corrected filing details the sale of 2,000 common shares at $17.56 and 1,500 common shares at $17.57 on April 5, 2024.
- Following these transactions, Graci directly owns 11,741 common shares of FPF.
- Graci has granted a Power of Attorney to several individuals, including W. Scott Jardine and Kristi A. Maher, to execute and file SEC forms on his behalf.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The correction of the transaction suggests attention to detail and compliance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Key Dates
| Date | Description |
|---|---|
| 10/26/2023 | Date of execution of the Power of Attorney. |
| 04/05/2024 | Date of the transactions (sale of shares) and original filing. |
| 04/10/2024 | Date of the amended filing. |
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