Eaton Vance fund trustee sells $110K in shares
Eaton Vance Floating-Rate Income Trust (EFT) reported that trustee Keith Quinton sold 10,300 Common Shares on 2026-08-21 in a transaction classified as a sale in open market or private transaction at a price of $10.70 per share.
Rhea-AI Filing Summary
Eaton Vance Floating-Rate Income Trust (EFT) reported that trustee Keith Quinton sold 10,300 Common Shares on 2026-08-21 in a transaction classified as a sale in open market or private transaction at a price of $10.70 per share. Following this transaction, Quinton’s reported direct holdings decreased to 0 shares. The filing does not indicate that the sale was made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,300 shares
Net Sell
1 txn
Insider
QUINTON KEITH
Role
Insider
Sold
10,300 shs ($110K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 10,300 | $10.70 | $110K |
Holdings After Transaction:
Common Shares — 0 shares (Direct)
Key Figures
Shares sold: 10,300 Common Shares
Sale price per share: $10.70 per share
Total transaction value: $110,210
+1 more
4 metrics
Shares sold
10,300 Common Shares
Non-derivative sale on 2026-08-21 by trustee Keith Quinton
Sale price per share
$10.70 per share
Price for the 10,300 Common Shares sold on 2026-08-21
Total transaction value
$110,210
Approximate value of 10,300 shares sold at $10.70 per share
Shares owned after transaction
0 Common Shares
Direct holdings of Keith Quinton following the reported sale
Key Terms
Common Shares, open market or private transaction, Form 4
3 terms
open market or private transaction financial
"Transaction code S indicates a sale in <b>open market or private transaction</b>."
Form 4 regulatory
"The insider transaction is reported on SEC <b>Form 4</b>."
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 EFT disclose for trustee Keith Quinton?
Eaton Vance Floating-Rate Income Trust (EFT) disclosed that trustee Keith Quinton sold 10,300 Common Shares on 2026-08-21 at $10.70 per share in a sale classified as an open market or private transaction.
What are Keith Quinton’s EFT holdings after this Form 4 transaction?
After the reported sale, Keith Quinton’s direct ownership in Eaton Vance Floating-Rate Income Trust is shown as 0 Common Shares following the transaction on 2026-08-21.
Was the EFT insider sale by Keith Quinton under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the 10,300-share sale by Keith Quinton was made under a Rule 10b5-1 trading plan.
What type of transaction code was reported for the EFT insider sale?
The transaction for Eaton Vance Floating-Rate Income Trust (EFT) is coded “S” on Form 4, indicating a sale in open market or private transaction of 10,300 Common Shares at $10.70 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.