Eagle Capital Growth (NYSE: GRF) director Neal Zalenko adds more shares

Rhea-AI Filing Summary

Eagle Capital Growth Fund director Neal F. Zalenko reported open-market purchases of the company’s common stock. On 01/27/2026 he acquired 588 shares at a price of $10.8 per share, followed by another purchase of 500 shares at $10.8 per share on 02/02/2026.

Both transactions were reported as directly owned, and after the later trade he beneficially owned 20,216.96 common shares of Eagle Capital Growth Fund, Inc.

Insider Trade Summary

Net Buyer: 500 shares ($5,400)

Net Buy 2 txns

Insider Zalenko Neal F.

Role Director

Bought 500 shs ($5K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	500	$10.80	$5K
L	Common Stock	588	$10.80	$6K

Holdings After Transaction: Common Stock — 20,216.96 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Zalenko Neal F.

(Last) (First) (Middle)

225 E. MASON STREET

SUITE 802

(Street)

MILWAUKEE WI 53202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EAGLE CAPITAL GROWTH FUND, INC. [ GRF ]

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)
01/27/2026

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	01/27/2026		L		588	A	$10.8	19,716.96	D
Common Stock	02/02/2026		P		500	A	$10.8	20,216.96	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:

	Carrie Leahy, Attorney-in-Fact by Power of Attorney	02/04/2026
	** 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

What insider transactions did GRF director Neal F. Zalenko report?

Neal F. Zalenko reported two purchases of Eagle Capital Growth Fund common stock. He bought 588 shares on January 27, 2026 and 500 shares on February 2, 2026, both at $10.8 per share, increasing his directly owned stake.

How many GRF shares does Neal F. Zalenko own after these Form 4 trades?

After the February 2, 2026 transaction, Neal F. Zalenko beneficially owned 20,216.96 shares of Eagle Capital Growth Fund common stock. The Form 4 indicates these holdings are directly owned rather than through an intermediary or related entity.

Were the GRF insider transactions by Neal F. Zalenko purchases or sales?

Both reported transactions were purchases of Eagle Capital Growth Fund common stock. One is coded “L” and the other “P,” each reflecting acquisition of additional shares at $10.8 per share, rather than dispositions or sales of existing holdings.

At what prices did Neal F. Zalenko buy GRF shares in early 2026?

Neal F. Zalenko bought all reported Eagle Capital Growth Fund shares at $10.8 per share. This price applies to the 588 shares acquired on January 27, 2026 and the 500 shares acquired on February 2, 2026, according to the Form 4 data.

Does Neal F. Zalenko hold GRF shares directly or indirectly?

The Form 4 lists Neal F. Zalenko’s ownership as direct for both transactions and for his post-transaction holdings. No nature-of-ownership footnotes indicate trusts, partnerships, or other entities, so the reported 20,216.96 shares are directly owned.