Form 4: NextGen Infrastructure Income Fund Officer Sells Shares
SEC Form 4
Jerry V. Swank, an officer of NextGen Infrastructure Income Fund, disposed of 11,300 common shares at $37.25 on July 23, 2024, leaving him with 45,200 shares.
Summary
- On July 23, 2024, Jerry V. Swank, an officer of NextGen Infrastructure Income Fund, sold 11,300 common shares of the company.
- The transaction was executed at a price of $37.25 per share.
- Following the transaction, Swank directly owns 45,200 common shares of the company.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a share sale by an officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when an officer of a publicly traded company buys or sells shares in their own company. It provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by an officer could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 07/23/2024 | Date of transaction: Jerry V. Swank sold 11,300 common shares. |
| 08/12/2024 | Date of signature on the Form 4 filing. |
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