First Trust (FFA) Form 5: Zero Holdings Reported; Officer Exit on 09/02/2025
Rhea-AI Filing Summary
Form 5 annual statement for First Trust Enhanced Equity Income Fund (FFA) shows that G. Gregory Hagar, listed as an Officer - Investment Sub-Advisor filing through Chartwell Investment Partners, reported zero common shares beneficially owned at the end of the issuer's fiscal year ended 12/31/2024. The filing indicates the form covers the fiscal year and was executed by attorney-in-fact on 09/09/2025. The document also states the Reporting Person ceased to be a Section 16 officer effective 09/02/2025. No derivative holdings or transactions are reported on this Form 5, and no amendment date was provided.
Positive
- Form filed and signed, fulfilling annual Section 16 reporting obligations for the fiscal year ended 12/31/2024
- No common shares or derivative positions reported at the end of the fiscal year, indicating no year-end insider holdings to disclose
Negative
- Reporting Person ceased to be a Section 16 officer effective 09/02/2025, which indicates a change in insider status
- No holdings reported could reflect reduced alignment of this officer with Fund equity ownership (if ownership was previously expected)
Insights
TL;DR: Annual disclosure shows no holdings and an officer status change.
The filing documents that G. Gregory Hagar held zero common shares of the Fund at fiscal year end 12/31/2024 and records no derivative positions. As an annual Section 16 report, it closes the loop on required insider reporting for the stated period.
The report also records that the Reporting Person is no longer a Section 16 officer effective 09/02/2025, which changes the individual's ongoing reporting obligations and may reduce future insider filings tied to the Fund. Monitor subsequent Forms 3/4 filings only if a new officer designation or beneficial ownership arises within the prescribed reporting windows.
FAQ
What did the Form 5 filed for FFA disclose about G. Gregory Hagar's holdings?
What officer role is listed for the reporting person on the FFA Form 5?
When did the reporting person cease to be a Section 16 officer?
Was the Form 5 signed and when was it executed?
Does the Form 5 show any transactions or amendments for FFA?