CLM Form 4: Director Matthew Morris Sells 26,193 Shares at $8.18

Matthew Morris, a director of Cornerstone Strategic Investment Fund, Inc. (CLM), reported a sale of common stock on 09/10/2025.

Rhea-AI Filing Summary

Matthew Morris, a director of Cornerstone Strategic Investment Fund, Inc. (CLM), reported a sale of common stock on 09/10/2025. The Form 4 shows a disposition of 26,193.113 shares at a price of $8.1827 per share, leaving the reporting person with the stated post-transaction beneficial ownership of 26,193.113 shares (reported as a direct holding). The filing is signed on 09/11/2025. No derivative transactions or additional explanatory details are provided in the report.

Positive

• None.

Negative

• Director disposed of 26,193.113 shares on 09/10/2025 at $8.1827 per share, indicating insider selling activity
• No Rule 10b5-1 plan or explanatory details are disclosed in the Form 4, limiting context for the sale

Insights

Corporate Governance Expert

TL;DR: Director sold shares; single reported sale with no derivatives or plan disclosed.

The filing indicates a straightforward open-market disposition of 26,193.113 shares by a director at $8.1827 per share. From a governance perspective, a director sale can reflect routine liquidity needs rather than a change in company outlook; however, absence of any Rule 10b5-1 plan disclosure in the form means the sale is not explicitly characterized as pre-planned. The report contains only basic information: transaction date, price, quantity and direct ownership, with no additional context on continuing holdings or intentions. This limits conclusions about motive or future insider behavior.

Securities Analyst

TL;DR: Insider sale of ~26.2k shares at $8.18 is material to monitor but lacks context for valuation impact.

Reported disposal of 26,193.113 shares at $8.1827 is a clear insider selling event. Without company-level metrics (total outstanding shares, percentage ownership before/after) in the filing, it is not possible to assess the sale's significance relative to overall float or to draw valuation conclusions. The absence of derivative activity or multiple transactions suggests a single non-derivative sale on 09/10/2025. Investors seeking material impact should compare this sale to the director's total holdings disclosed elsewhere and to recent market activity in CLM.

Insider Trade Summary

Net Seller: 0.7152 shares

Net Sell 1 txn

Insider Morris Matthew

Role Director

Sold 0.7152 shs ($5.85)

Type	Security	Shares	Price	Value
Sale	Common Stock	0.7152	$8.1827	$5.85

Holdings After Transaction: Common Stock — 26,193.113 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did Matthew Morris report for CLM on the Form 4?

The Form 4 reports a sale of 26,193.113 shares of Cornerstone Strategic Investment Fund, Inc. common stock on 09/10/2025 at a price of $8.1827 per share.

What is Matthew Morris's relationship to CLM?

The filing indicates Matthew Morris is a director of Cornerstone Strategic Investment Fund, Inc.

Does the Form 4 show any derivative transactions or exercise activity?

No. Table II for derivative securities contains no entries; the filing shows only a non-derivative sale of common stock.

When was the Form 4 signed and filed?

The signature block shows the form was signed by /s/ Matthew Morris on 09/11/2025.

Is there information indicating the sale was part of a 10b5-1 plan?

The Form 4 does not include a checked box or text indicating the transaction was made pursuant to a Rule 10b5-1 plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 09/11/2025 - 04:58 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Morris Matthew

(Last) (First) (Middle)

1905 SHARP PL

(Street)

HOUSTON TX 77019

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Cornerstone Strategic Investment Fund, Inc. [ CLM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/10/2025		S		0.7152	D	$8.1827	26,193.113	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Matthew Morris	09/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.