Calamos Global Income (NYSE: CHW): MetLife clients buy 440K Series H preferred
Rhea-AI Filing Summary
Calamos Global Dynamic Income Fund (CHW) had a large holder, MetLife Investment Management, LLC, report multiple open-market purchases of its Series H Mandatory Redeemable Preferred Shares. On 2026-08-26, entities managed by MetLife Investment Management bought an aggregate 440,000 preferred shares at $25.00 per share, held in client accounts. MetLife Investment Management reports the transactions as indirect ownership and disclaims beneficial ownership beyond its pecuniary interest.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 440,000 shares
Net Buy
5 txns
Insider
MetLife Investment Management, LLC
Role
10% Owner
Bought
440,000 shs ($11.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series H Mandatory Redeemable Preferred Shares F1, F2 | 134,400 | $25.00 | $3.36M |
| Purchase | Series H Mandatory Redeemable Preferred Shares F1, F2 | 157,600 | $25.00 | $3.94M |
| Purchase | Series H Mandatory Redeemable Preferred Shares F1, F2 | 72,000 | $25.00 | $1.80M |
| Purchase | Series H Mandatory Redeemable Preferred Shares F1, F2 | 20,000 | $25.00 | $500K |
| Purchase | Series H Mandatory Redeemable Preferred Shares F1, F2 | 56,000 | $25.00 | $1.40M |
Holdings After Transaction:
Series H Mandatory Redeemable Preferred Shares — 56,000 shares (Indirect, See Footnotes)
Footnotes (2)
- F1. These securities are held directly by clients for whom the Reporting Person serves as investment manager.
- F2. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Key Figures
Total shares purchased: 440,000 Series H Mandatory Redeemable Preferred Shares
Purchase price per share: $25.00 per share
Transaction count: 5 separate purchase transactions
+2 more
5 metrics
Total shares purchased
440,000 Series H Mandatory Redeemable Preferred Shares
Aggregate of five open-market purchases on 2026-08-26
Purchase price per share
$25.00 per share
Price for each of the reported purchases of Series H preferred shares
Transaction count
5 separate purchase transactions
All transactions on 2026-08-26 in Series H Mandatory Redeemable Preferred Shares
Reporting person status
10% owner
MetLife Investment Management, LLC identified as ten percent owner of CHW
Approximate aggregate consideration
$11,000,000
Derived from 440,000 shares purchased at $25.00 per share
Key Terms
Series H Mandatory Redeemable Preferred Shares, indirect ownership, pecuniary interest, beneficial ownership, +1 more
5 terms
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "See Footnotes""
pecuniary interest financial
"except to the extent of its pecuniary interest therein"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
ten percent owner regulatory
"is_ten_percent_owner": 1"
FAQ
What insider activity did CHW report involving MetLife Investment Management?
Calamos Global Dynamic Income Fund reported that MetLife Investment Management, LLC filed a Form 4 showing open-market purchases of 440,000 Series H Mandatory Redeemable Preferred Shares on 2026-08-26 at $25.00 per share, held in client accounts it manages.
Who is the reporting person in the CHW Form 4 filing?
The reporting person is MetLife Investment Management, LLC, identified as a 10% owner of Calamos Global Dynamic Income Fund for Section 16 purposes and acting as investment manager for the client accounts that directly hold the preferred shares.
Were the CHW insider purchases made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not checked, and the footnotes do not describe a trading plan, so the reported purchases of CHW Series H preferred shares are not identified as made under a Rule 10b5-1 plan.
What type of security did MetLife Investment Management’s clients buy from CHW?
The transactions involve Series H Mandatory Redeemable Preferred Shares of Calamos Global Dynamic Income Fund, which are a class of preferred stock with a specified mandatory redemption feature, as reported in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.