Form 4: Liberty All Star Growth Fund Trustee Usifer Reports Share Purchase

Sentiment:

SEC Form 4 Filing


Maureen K. Usifer, a Trustee of Liberty All Star Growth Fund Inc., reported purchasing 2,800 shares of common stock at $5.4259 per share on March 11, 2024.

Summary

  • On March 12, 2024, Maureen K. Usifer, a Trustee of Liberty All Star Growth Fund Inc. (ASG), filed a Form 4.
  • The report details a transaction on March 11, 2024, where Usifer purchased 2,800 shares of common stock at a price of $5.4259 per share.
  • Following the reported transaction, Usifer beneficially owns 7,600 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock purchase by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when an insider of a publicly traded company, such as a trustee, buys or sells the company's securities. It provides transparency into the transactions of those with access to non-public information.

Stakeholder Impact

  • The purchase of shares by a trustee could be viewed positively by shareholders as it signals confidence in the company's prospects.

Key Dates

DateDescription
03/11/2024Date of transaction: Maureen K. Usifer purchased shares of common stock.
03/12/2024Date of Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.