abrdn Global Infrastructure director acquires 244 shares
The subscription required three transferable rights for each new common share, and Goodson held 976 common shares directly afterward.
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Form Type
4
Rhea-AI Filing Summary
abrdn Global Infrastructure Income Fund director Alan R. Goodson exercised 732 transferable subscription rights on October 15, 2026, acquiring 244 common shares at the $19.28 subscription price. He exercised the basic subscription privilege in full, not the oversubscription privilege, and directly held 976 common shares afterward.
Insider Trade Summary
732 shares exercised/converted
Exercise
2 txns
Insider
Goodson Alan R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Transferable Subscription Right (right to buy) F1, F2 | 732 | -- | -- |
| In-the-Money Exercise | Common Stock F1, F2 | 244 | -- | -- |
Holdings After Transaction:
Transferable Subscription Right (right to buy) — 0 contracts (Direct);
Common Stock — 976 shares (Direct)
Footnotes (2)
- F1. On September 11, 2026, abrdn Global Infrastructure Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of September 21, 2026 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 10,545,755 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $19.28 and was fixed as of the close of the subscription period on October 15, 2026 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, (continued in footnote 2)
- F2. which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $19.28 per common share, additional common shares of the Fund, subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person exercised his basic subscription right in full, but did not exercise the oversubscription privilege. The subscription rights expired on October 15, 2026 at 5:00 p.m. Eastern time.
Key Figures
Transferable subscription rights exercised: 732 rights
Common shares acquired: 244 shares
Subscription price: $19.28 per common share
+3 more
6 metrics
Transferable subscription rights exercised
732 rights
October 15, 2026
Common shares acquired
244 shares
October 15, 2026
Subscription price
$19.28 per common share
Rights Offering
Common shares held after transaction
976 shares
Direct holdings after the transaction
Rights Offering maximum
Up to 10,545,755 common shares
Aggregate offering amount
Basic subscription ratio
1 common share for every 3 rights
Basic subscription privilege
Key Terms
Rights Offering, basic subscription privilege, oversubscription privilege, pro rata offering
4 terms
Rights Offering financial
"commencement of a pro rata offering (the "Rights Offering")"
A rights offering is a way for a company to raise additional money by giving existing shareholders the opportunity to buy more shares at a discounted price before they are offered to the public. It’s similar to a special sale where current owners get the first chance to buy extra items at a lower cost, allowing them to increase their investment if they choose. This process matters to investors because it can affect the value of their holdings and their ability to buy new shares at favorable terms.
basic subscription privilege financial
"The subscription price per common share was $19.28"
A basic subscription privilege is a shareholder right that lets existing owners buy a proportional share of newly issued stock before it’s offered to outside buyers, helping them avoid dilution of their ownership. Think of it like a neighbor being offered first dibs on extra slices of pizza so they keep the same portion of the pie; for investors, it preserves voting power and potential future earnings per share.
oversubscription privilege financial
"The Rights Offering also includes an oversubscription privilege"
An oversubscription privilege is an option offered to existing shareholders during a rights offering that lets them request extra shares beyond their initial allotment if other shareholders don’t take theirs. Think of it like being allowed to buy extra concert tickets if some fans return theirs; it gives investors a chance to maintain or increase their ownership, avoid dilution, and potentially buy shares at a set price before the wider market can.
pro rata offering financial
"commencement of a pro rata offering"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the ASGI rights offering terms?
Record Date Shareholders received one right for each outstanding whole common share held on September 21, 2026. Three rights entitled the holder to purchase one new common share for $19.28; the offering covered up to 10,545,755 common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
