Form 4: Nuveen Mortgage & Income Fund: Portfolio Manager Aashh Parekh Reports Acquisition of Common Stock
SEC Form 4 Filing
Portfolio Manager Aashh Parekh reports the acquisition of 100 shares of Nuveen Mortgage & Income Fund common stock at $18.25 per share.
Summary
- On April 2, 2025, Aashh Parekh, a Portfolio Manager at Nuveen Mortgage & Income Fund, acquired 100 shares of common stock in the company.
- The shares were purchased at a price of $18.25 per share.
- Following the transaction, Parekh directly owns 4,501 shares of Nuveen Mortgage & Income Fund.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider transaction. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Positives
- The purchase of shares by a portfolio manager could be seen as a positive signal, indicating confidence in the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company, such as officers, directors, or beneficial owners, trade in the company's securities. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as insider buying can be interpreted as a sign of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 2020-03-26 | Date of Power of Attorney execution. |
| 2025-04-02 | Date of the transaction: acquisition of common stock. |
Keywords
Form 4, Beneficial Ownership, Nuveen Mortgage & Income Fund, Aashh Parekh, Portfolio Manager, Common Stock, Acquisition
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