Eaton Vance muni fund insider sells 87,567 shares
A portfolio management professional for EIM reported a large open-market sale of 87,567 common shares following a series of smaller monthly acquisitions.
Rhea-AI Filing Summary
Eaton Vance Municipal Bond Fund (EIM) had a Form 4 filed for portfolio management professional Brandon Craig R, reporting the sale of 87,567 Common Shares on September 17, 2026 at $9.1204 per share in an open market or private transaction, along with 11 smaller monthly J-code acquisitions totaling 4,829.268 shares between October 31, 2025 and August 31, 2026; no Rule 10b5-1 plan is reported.
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Insights
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Insider Trade Summary
Net Seller: 87,567 shares
Net Sell
12 txns
Insider
BRANDON CRAIG R
Role
Insider
Sold
87,567 shs ($799K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 87,567 | $9.1204 | $799K |
| Other | Common Shares | 461.7277 | $9.58 | $4K |
| Other | Common Shares | 459.407 | $9.58 | $4K |
| Other | Common Shares | 436.9934 | $10.02 | $4K |
| Other | Common Shares | 441.1863 | $9.88 | $4K |
| Other | Common Shares | 437.8838 | $9.90 | $4K |
| Other | Common Shares | 448.0554 | $9.62 | $4K |
| Other | Common Shares | 427.9564 | $10.03 | $4K |
| Other | Common Shares | 430.0206 | $9.93 | $4K |
| Other | Common Shares | 436.6759 | $9.72 | $4K |
| Other | Common Shares | 425.6556 | $9.93 | $4K |
| Other | Common Shares | 423.7059 | $9.92 | $4K |
Holdings After Transaction:
Common Shares — 0.7913 shares (Direct)
Key Figures
Shares sold: 87,567 shares
Sale price: $9.1204 per share
J-code acquisitions: 4,829.268 shares
+3 more
6 metrics
Shares sold
87,567 shares
Common Shares sold on September 17, 2026
Sale price
$9.1204 per share
Price for 87,567-share sale on September 17, 2026
J-code acquisitions
4,829.268 shares
Total J-code “other” acquisitions between October 31, 2025 and August 31, 2026
Number of J-code transactions
11 transactions
Monthly “other acquisition or disposition” entries from October 2025 to August 2026
J-transaction price range
$9.58–$10.03 per share
Per-share prices on J-code acquisitions during the period
Net buy/sell direction
Net-sell of 87,567 shares
Transaction summary across all reported non-derivative transactions
Key Terms
open market or private transaction, other acquisition or disposition, Rule 10b5-1 plan, Form 4
4 terms
open market or private transaction financial
"The 87,567-share sale is described as a sale in an open market or private transaction"
other acquisition or disposition financial
"Each J-code entry is labeled as an other acquisition or disposition"
Rule 10b5-1 plan regulatory
"The filing’s checkbox shows no Rule 10b5-1 plan is reported for these trades"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Form 4 regulatory
"The insider activity is disclosed on SEC Form 4 for Eaton Vance Municipal Bond Fund"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EIM report for Brandon Craig R on this Form 4?
The Form 4 reports that Brandon Craig R executed a sale of 87,567 Common Shares of Eaton Vance Municipal Bond Fund on September 17, 2026 in an open market or private transaction at $9.1204 per share.
Were the EIM insider transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, so no Rule 10b5-1 trading plan is reported for these transactions.
What other transactions besides the large sale are disclosed for EIM on this Form 4?
The Form 4 lists 11 J-code “other” acquisitions of EIM Common Shares between October 31, 2025 and August 31, 2026, totaling 4,829.268 shares at prices around $9.58–$10.03 per share.
What role does the reporting person hold in relation to EIM?
The reporting person, Brandon Craig R, is identified with the role “Portfolio Management” and is not marked as a director, officer, or 10% owner of Eaton Vance Municipal Bond Fund.
AI-generated analysis. How Rhea-AI works. Not financial advice.