Form 4: Guggenheim Active Allocation Fund: Director Ronald E. Toupin Jr. Reports Common Stock Purchase
SEC Form 4 Filing
Director Ronald E. Toupin Jr. reports the acquisition of 194 shares of Guggenheim Active Allocation Fund (GUG) common stock at $14.65 per share on April 1, 2024.
Summary
- On April 1, 2024, Ronald E. Toupin Jr., a Director and Trustee of Guggenheim Active Allocation Fund (GUG), purchased 194 shares of common stock.
- The purchase price was $14.65 per share.
- Following the transaction, Toupin directly owns 11,046.29 shares of GUG common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, it's a relatively small transaction.
Positives
- The director's purchase could be interpreted as a positive signal about their confidence in the fund's prospects.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides shareholders with information about insider activity, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 2021-10-18 | Date of Power of Attorney execution. |
| 2024-04-01 | Date of common stock transaction. |
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