Form 4: Mexico Fund Inc. Director Richard B. Vaughan Reports Stock Purchase and Disposal
SEC Form 4
Director Richard B. Vaughan reports purchasing 1,500 shares of Mexico Fund Inc. common stock and disposing of 8,500 shares on June 21, 2024.
Summary
- Richard B. Vaughan, a director of Mexico Fund Inc., filed a Form 4 indicating changes in beneficial ownership.
- On June 21, 2024, Vaughan purchased 1,500 shares of common stock at a price of $16.14 per share.
- On the same day, Vaughan disposed of 8,500 shares of common stock.
- Following these transactions, Vaughan beneficially owns 8,500 shares of Mexico Fund Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their trading activities.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into their perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Power of attorney filed |
| 06/21/2024 | Date of stock purchase and disposal transaction |
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