Cornerstone director buys 1,500 shares at $6.405
After purchasing 1,500 shares at $6.405, director Peter Greer now directly owns 1,501.364 shares, including a fractional share via the dividend reinvestment plan.
Rhea-AI Filing Summary
CORNERSTONE TOTAL RETURN FUND INC (CRF) director Peter Greer reported purchasing 1,500 shares of common stock on 2026-08-31 at $6.405 per share in an open-market or private transaction. Following this purchase, he directly owns 1,501.364 shares, a figure that includes a fractional share acquired through the fund’s dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,500 shares
Net Buy
1 txn
Insider
Greer Peter
Role
Director
Bought
1,500 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 1,500 | $6.405 | $10K |
Holdings After Transaction:
Common Stock — 1,501.364 shares (Direct)
Footnotes (1)
- F1. The total shares in column (5) includes a fractional share amount acquired through the Issuer's dividend reinvestment plan since the reporting person's initial Form 3 filing.
Key Figures
Shares purchased: 1,500 shares
Purchase price per share: $6.405 per share
Shares owned after transaction: 1,501.364 shares
3 metrics
Shares purchased
1,500 shares
Common Stock purchased on 2026-08-31
Purchase price per share
$6.405 per share
Open-market or private transaction on 2026-08-31
Shares owned after transaction
1,501.364 shares
Directly owned common stock following the 2026-08-31 purchase
Key Terms
dividend reinvestment plan, fractional share, Form 3
3 terms
dividend reinvestment plan financial
"includes a fractional share amount acquired through the Issuer's dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Form 3 regulatory
"since the reporting person's initial Form 3 filing"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What insider transaction did CRF director Peter Greer report?
Peter Greer reported a purchase of 1,500 CRF common shares on 2026-08-31 at $6.405 per share in an open-market or private transaction, increasing his directly held position.
Was the 2026-08-31 CRF transaction by Peter Greer a buy or a sell?
The 2026-08-31 transaction reported by Peter Greer was a purchase of CRF common stock, coded as transaction type P (purchase in open market or private transaction) and classified as an acquisition of shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.