Form 4: Royce Micro-Cap Trust Sr. Advisor Charles Royce Reports Stock Sales

Charles Royce, Sr. Advisor at Royce Micro-Cap Trust, reports the sale of company stock and adjustments to beneficial ownership.

Summary

• Charles Royce, a Senior Advisor at Royce Micro-Cap Trust, filed a Form 4 detailing changes in beneficial ownership.
• On April 16, 2025, Royce sold 9,160 shares of Common Stock at a price of $7.87 per share.
• On April 17, 2025, Royce sold 76,354 shares of Common Stock at a price of $7.83 per share.
• Following these transactions, Royce directly owns 885,428 shares of Common Stock.
• Royce also indirectly owns 507,870 shares through the Royce Charitable Trust and 35,720 shares through a family investment entity.
• Royce disclaims beneficial ownership of shares owned by the family investment entity in which he has no pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock sales by an insider, with neutral sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Shareholders may react to the insider selling activity, potentially impacting the stock price.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Sale, RMT, Royce Micro-Cap Trust, Charles Royce