Destra Multi-Alternative (DMA) president adds 537 shares in open-market buys

Rhea-AI Filing Summary

Destra Multi-Alternative Fund’s president, Robert A. Watson, reported a series of open-market purchases of the fund’s Common Stock. On February 26–27, 2026, he and related accounts bought a total of 537 shares at prices around $8.53–$8.68 per share. Some shares are held directly, while others are owned indirectly through his spouse and a 401(k) plan.

Insider Trade Summary

Net Buyer: 537 shares ($4,639)

Net Buy 6 txns

Insider Watson Robert A.

Role PRESIDENT

Bought 537 shs ($5K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	19	$8.635	$164.07
Purchase	Common Stock	168	$8.635	$1K
Purchase	Common Stock	249	$8.6751	$2K
Purchase	Common Stock	15	$8.6372	$129.56
Purchase	Common Stock	60	$8.525	$511.50
Purchase	Common Stock	26	$8.58	$223.08

Holdings After Transaction: Common Stock — 16,879.882 shares (Direct); Common Stock — 17,311.882 shares (Indirect, By spouse)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Watson Robert A.

(Last) (First) (Middle)

443 NORTH WILLSON AVENUE

(Street)

BOZEMAN MT 59715

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Destra Multi-Alternative Fund [ DMA; MSFIX ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

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	02/26/2026		P		60	A	$8.525	16,834.8817	I	By 401(k) Plan
Common Stock	02/26/2026		P		26	A	$8.58	16,860.8817	D
Common Stock	02/27/2026		P		19	A	$8.635	16,879.8817	D
Common Stock	02/27/2026		P		168	A	$8.635	17,047.8817	D
Common Stock	02/27/2026		P		249	A	$8.6751	17,296.8817	D
Common Stock	02/27/2026		P		15	A	$8.6372	17,311.8817	I	By spouse

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/ Robert A. Watson	03/02/2026
	** 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.

FAQ

What insider trading did DMA’s president report on this Form 4?

Destra Multi-Alternative Fund president Robert A. Watson reported multiple open-market purchases of Common Stock, totaling 537 shares. These trades occurred over February 26–27, 2026, at prices slightly above $8.50 per share, and include both direct and indirect holdings.

How many Destra Multi-Alternative Fund (DMA) shares did Robert A. Watson buy?

Robert A. Watson reported buying a total of 537 shares of Destra Multi-Alternative Fund Common Stock. The purchases were broken into several small transactions over two days, combining direct ownership with shares held via his spouse and a 401(k) plan.

At what prices did DMA’s president purchase Common Stock?

The reported purchases of Destra Multi-Alternative Fund Common Stock were made at prices ranging from $8.5250 to $8.6751 per share. Each transaction reflects typical open-market activity, with small blocks of shares bought at slightly different execution prices during February 26–27, 2026.

Were Robert A. Watson’s DMA share purchases direct or indirect?

The reported Destra Multi-Alternative Fund share purchases were a mix of direct and indirect ownership. Some Common Stock is held directly by Robert A. Watson, while additional shares are owned indirectly through his spouse and through a 401(k) plan, as reflected in the ownership codes.

Did this DMA Form 4 include any insider share sales?

No insider sales were reported in this Form 4 for Destra Multi-Alternative Fund. The transaction summary shows six buy transactions totaling 537 shares, with zero shares sold, indicating only open-market and related account purchases over the two disclosed trading days.

What is Robert A. Watson’s role at Destra Multi-Alternative Fund?

Robert A. Watson is identified as the PRESIDENT of Destra Multi-Alternative Fund. His officer status is disclosed in the filing, and the Form 4 reports his and related accounts’ purchases of the fund’s Common Stock, reflecting changes in his reported beneficial ownership.