BlackRock ECAT (NYSE: ECAT) holder Saba now holds 13.9M shares after sale
Rhea-AI Filing Summary
BlackRock ESG Capital Allocation Term Trust (ECAT) had a Form 4 filed reporting that Saba Capital Management, L.P., a ten percent owner, sold 92,174 shares of Common Stock on 2026-08-27. The shares were sold at $15.52 per share and are reported as held through indirect ownership. After this transaction, Saba Capital Management, L.P. is reported as indirectly holding 13,896,984 shares of ECAT Common Stock.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 92,174 shares
Net Sell
1 txn
Insider
Saba Capital Management, L.P.
Role
10% Owner
Sold
92,174 shs ($1.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 92,174 | $15.52 | $1.43M |
Holdings After Transaction:
Common Stock — 13,896,984 shares (Indirect, -)
Key Figures
Shares sold: 92,174 shares of Common Stock
Sale price per share: $15.52 per share
Shares held after transaction: 13,896,984 shares
+1 more
4 metrics
Shares sold
92,174 shares of Common Stock
Sale on 2026-08-27 by Saba Capital Management, L.P.
Sale price per share
$15.52 per share
Price for the 92,174 ECAT shares sold on 2026-08-27
Shares held after transaction
13,896,984 shares
Indirect ECAT Common Stock holdings after the sale
Net shares sold
92,174 shares
Net-sell direction based on transaction summary
Key Terms
ten percent owner, indirect ownership, Common Stock, Form 4
4 terms
ten percent owner regulatory
"Saba Capital Management, L.P. is reported as a ten percent owner"
indirect ownership regulatory
"The ownership type for the position is reported as indirect"
Common Stock financial
"The security involved in the transaction is Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"The insider transaction is reported on Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ECAT report in this Form 4?
The Form 4 reports that Saba Capital Management, L.P., a ten percent owner of ECAT, sold 92,174 shares of Common Stock on 2026-08-27 at a price of $15.52 per share through indirect ownership.
What is Saba Capital Management, L.P.’s remaining ECAT ownership after this sale?
After the reported sale, Saba Capital Management, L.P. is shown as indirectly holding 13,896,984 shares of ECAT Common Stock. This figure is reported as the total shares following the transaction on 2026-08-27.
What type of transaction was reported for ECAT in this Form 4?
The filing reports a sale of ECAT Common Stock, coded as “S”, described as a sale in an open market or private transaction. The sale involved 92,174 shares at $15.52 per share on 2026-08-27.
Is the ECAT ownership reported as direct or indirect for Saba Capital Management, L.P.?
The Form 4 identifies Saba Capital Management, L.P.’s ECAT holdings as indirect ownership, with the ownership code reported as “I” and total indirect holdings of 13,896,984 shares after the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
