Form 4: High Income Securities Fund Director Acquires Shares
SEC Form 4 Filing
Richard Dayan, a director of High Income Securities Fund, purchased 200 shares of common stock on June 28, 2024.
Summary
- Richard Dayan, a director of High Income Securities Fund (PCF), acquired 200 shares of common stock on June 28, 2024.
- The purchase price was $6.93 per share.
- Following the transaction, Mr. Dayan directly owns 200 shares of the company's common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities. This purchase represents a small transaction and may not be indicative of a larger trend.
Stakeholder Impact
- The purchase of shares by a director could be viewed positively by shareholders, but the small size of the transaction limits its impact.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of transaction: Richard Dayan purchased 200 shares of common stock. |
| 07/01/2024 | Date of signature on the Form 4 filing. |
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