BNY Mellon High Yield Strategies Fund Director Buys Shares
The director directly held 240,000 shares after the purchase; no Rule 10b5-1 plan is reported.
Rhea-AI Filing Summary
BNY Mellon High Yield Strategies Fund (DHF) director Joseph S. DiMartino purchased 20,000 shares of beneficial interest at $2.22 per share on September 24, 2026. The transaction was a direct purchase, and his reported direct holdings afterward were 240,000 shares. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
1 txn
Insider
DIMARTINO JOSEPH S
Role
Director
Bought
20,000 shs ($44K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Shares of Beneficial Interest, Par Value $.001 per share | 20,000 | $2.22 | $44K |
Holdings After Transaction:
Shares of Beneficial Interest, Par Value $.001 per share — 240,000 shares (Direct)
Key Figures
Shares purchased: 20,000 shares
Purchase price: $2.22 per share
Direct holdings after purchase: 240,000 shares
3 metrics
Shares purchased
20,000 shares
September 24, 2026
Purchase price
$2.22 per share
September 24, 2026
Direct holdings after purchase
240,000 shares
After the September 24, 2026 purchase
Key Terms
Shares of Beneficial Interest, Par Value, Rule 10b5-1 plan
3 terms
Par Value financial
"Par Value $.001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Rule 10b5-1 plan regulatory
"no Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.