BlackRock ESG Capital (NYSE: ECAT) holder Saba sells at $15.41–$15.56
Rhea-AI Filing Summary
BlackRock ESG Capital Allocation Term Trust (ECAT) reported insider activity by Saba Capital Management, L.P., a ten percent owner. Saba Capital reported two open-market sales of ECAT common stock held indirectly: 33,500 shares on August 25, 2026 at $15.41 per share and 78,371 shares on August 26, 2026 at $15.56 per share, for a total of 111,871 shares sold. The filing does not state the number of ECAT shares Saba Capital beneficially owns after these transactions.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 111,871 shares
Net Sell
2 txns
Insider
Saba Capital Management, L.P.
Role
10% Owner
Sold
111,871 shs ($1.74M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 78,371 | $15.56 | $1.22M |
| Sale | Common Stock | 33,500 | $15.41 | $516K |
Holdings After Transaction:
Common Stock — 13,989,158 shares (Indirect, -)
Key Figures
Shares sold on 2026-08-25: 33,500 shares of Common Stock
Price per share on 2026-08-25: $15.41 per share
Shares sold on 2026-08-26: 78,371 shares of Common Stock
+2 more
5 metrics
Shares sold on 2026-08-25
33,500 shares of Common Stock
Open-market or private sale by Saba Capital on August 25, 2026
Price per share on 2026-08-25
$15.41 per share
Per-share sale price for 33,500 ECAT shares sold indirectly
Shares sold on 2026-08-26
78,371 shares of Common Stock
Open-market or private sale by Saba Capital on August 26, 2026
Price per share on 2026-08-26
$15.56 per share
Per-share sale price for 78,371 ECAT shares sold indirectly
Total shares sold
111,871 shares of Common Stock
Sum of ECAT shares sold across both reported transactions
Key Terms
ten percent owner, indirect ownership, Common Stock
3 terms
ten percent owner regulatory
"Saba Capital Management, L.P. is identified as a ten percent owner"
indirect ownership regulatory
"Each transaction is reported with ownership_type labeled as indirect"
Common Stock financial
"The security title for each transaction is listed as 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.
FAQ
What insider activity did ECAT disclose in this Form 4?
ECAT disclosed that Saba Capital Management, L.P., a ten percent owner, reported two open-market sales of ECAT common stock totaling 111,871 shares on August 25 and 26, 2026, at per-share prices of $15.41 and $15.56, respectively.
Does the Form 4 state Saba Capital's ECAT holdings after these sales?
No. The Form 4 reports the shares sold and their per-share prices, but the fields for total ECAT shares beneficially owned by Saba Capital following each transaction are left blank.
AI-generated analysis. How Rhea-AI works. Not financial advice.