Form 4: Carol L. Colman Reports DMO Stock Transaction
Statement of Changes in Beneficial Ownership
Carol L. Colman, a Director at Western Asset Mortgage Opportunity Fund Inc. (DMO), reported a transaction involving 1,400 shares of common stock.
Summary
- Carol L. Colman, a Director of Western Asset Mortgage Opportunity Fund Inc. (DMO), has reported a transaction.
- The transaction involved the acquisition of 1,400 shares of common stock.
- The acquisition occurred on April 13, 2026, at a price of $11.07 per share.
- Following this transaction, Carol L. Colman directly beneficially owns 1,400 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of an insider transaction without significant positive or negative implications on its own.
Positives
- Director Carol L. Colman has increased her direct beneficial ownership of DMO common stock.
- The transaction was executed at a price of $11.07 per share.
Future Outlook
This filing is a statement of changes in beneficial ownership and does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings of company directors and officers. This specific filing indicates a direct purchase of shares by a director.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Carol L. Colman granted a Power of Attorney to specific individuals to execute Forms 3, 4, or 5 on her behalf as a director of a registered closed-end fund advised by Legg Mason Partners Fund Advisor, LLC. | 11/29/2023 | Ensures compliance with SEC filing requirements for beneficial ownership reporting, allowing designated individuals to act on her behalf. |
Stakeholder Impact
- Shareholders: Increased transparency into director's holdings, potentially signaling confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 11/29/2023 | Date of execution of the Power of Attorney by Carol L. Colman. |
| 04/13/2026 | Transaction Date for the acquisition of common stock. |
| 04/14/2026 | Date of signature for the Form 4 filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Beneficial Ownership, Western Asset Mortgage Opportunity Fund Inc., DMO, Carol L. Colman, Director, Common Stock, Transaction
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