Angel Oak (FINS) Director Reports Purchase of 7,585 Shares

Rhea-AI Filing Summary

Angel Oak Financial Strategies Income Term Trust director Andrea Mullins reported a non-derivative purchase of 7,585 common shares at a price of $13.1518. After the transaction, Ms. Mullins directly beneficially owns 7,585 shares. The Form 4 shows no derivative securities and was filed by a single reporting person.

Insights

Securities Analyst

TL;DR: Director purchased 7,585 common shares at $13.1518; the filing is a straightforward, single-person Form 4 with no derivatives.

The Form 4 discloses a non-derivative acquisition (transaction code P) of 7,585 common shares by Andrea Mullins, listed as a director. The reported price per share is $13.1518 and the post-transaction direct beneficial ownership is 7,585 shares. There are no derivative instruments reported. Based solely on the filing, this appears to be a routine insider purchase without further context on materiality.

Corporate Governance Expert

TL;DR: Insider buy by a director indicates direct ownership increase, but the filing lacks context on size relative to total outstanding shares, so impact is neutral.

The reporting person is identified as a director and the Form 4 indicates a direct acquisition of 7,585 shares. The filing was submitted by one reporting person and includes no derivative activity. Because the document does not disclose the issuer's total shares outstanding or additional holdings, the filing alone does not establish material change in control or significant governance shift.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mullins Andrea

(Last) (First) (Middle)

C/O ANGEL OAK CAPITAL ADVISORS

3344 PEACHTREE ROAD NE, SUITE 1725

(Street)

ATLANTA GA 30326

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Angel Oak Financial Strategies Income Term Trust [ FINS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/12/2025		P		7,585	A	$13.1518	7,585	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Chase Eldredge	08/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for FINS?

The Form 4 was filed by Andrea Mullins, identified as a Director, c/o Angel Oak Capital Advisors.

What transaction was reported on the Form 4 for FINS?

A non-derivative purchase of 7,585 common shares (transaction code P) at $13.1518 per share.

How many shares does Andrea Mullins own after the transaction?

The reporting person directly beneficially owns 7,585 shares following the reported transaction.

Were any derivative securities reported in this Form 4 for FINS?

No. The filing shows no derivative securities in Table II.

Was this Form 4 filed jointly or by a single reporting person?

The Form indicates it was filed by one reporting person.