CREDIT SUISSE HIGH YIELD (NYSE: DHY) trustee buys 16,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CREDIT SUISSE HIGH YIELD CREDIT FUND trustee Charles Gerber reported an open-market purchase of common shares. He bought 16,000 shares at a price of $1.88 per share, and now directly holds 16,000 common shares following this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,000 shares ($30,080)
Net Buy
1 txn
Insider
Gerber Charles
Role
Insider
Bought
16,000 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | common shares | 16,000 | $1.88 | $30K |
Holdings After Transaction:
common shares — 16,000 shares (Direct)
Footnotes (1)
Key Figures
Shares purchased: 16,000 shares
Purchase price: $1.88 per share
Shares owned after transaction: 16,000 shares
3 metrics
Shares purchased
16,000 shares
Open-market purchase of common shares
Purchase price
$1.88 per share
Price paid for DHY common shares
Shares owned after transaction
16,000 shares
Direct holdings following Form 4 transaction
Key Terms
open-market purchase, non-derivative, direct ownership
3 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
non-derivative financial
"transaction_type: "non-derivative""
direct ownership financial
"ownership_type: "direct""
FAQ
What insider transaction did DHY trustee Charles Gerber report?
Trustee Charles Gerber reported an open-market purchase of DHY common shares. He bought 16,000 shares at $1.88 per share and now directly owns 16,000 shares following this transaction, according to the Form 4 insider trading report.
What type of security did Charles Gerber acquire in DHY?
Charles Gerber acquired DHY common shares in the transaction. The Form 4 classifies the security as non-derivative common shares, reflecting a straightforward equity purchase rather than options, warrants, or other derivative instruments linked to the fund.