HIO (HIO) director Colman sells 4,500 fund shares in open market
Rhea-AI Filing Summary
WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC. director Carol L. Colman reported an open-market sale of 4,500 shares of Common Stock at $3.66 per share. After this transaction, she directly holds 19,907 shares, including shares previously acquired through the fund’s Dividend Reinvestment Plan.
Positive
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Negative
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Insider Trade Summary
Net Seller: 4,500 shares
Net Sell
1 txn
Insider
COLMAN CAROL L
Role
Director
Sold
4,500 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,500 | $3.66 | $16K |
Holdings After Transaction:
Common Stock — 19,907 shares (Direct)
Footnotes (1)
- F1. Includes shares acquired through the Fund's Dividend Reinvestment Plan.
Key Figures
Shares sold: 4,500 shares
Sale price: $3.66 per share
Shares held after sale: 19,907 shares
3 metrics
Shares sold
4,500 shares
Open-market sale on 2026-04-13
Sale price
$3.66 per share
Price for 4,500 shares sold
Shares held after sale
19,907 shares
Direct ownership following transaction
Key Terms
open-market sale, Dividend Reinvestment Plan, Common Stock
3 terms
open-market sale financial
"reported an open-market sale of 4,500 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Dividend Reinvestment Plan financial
"includes shares acquired through the Fund's Dividend Reinvestment Plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Common Stock financial
"open-market sale of 4,500 shares of Common Stock at $3.66"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HIO director Carol L. Colman report?
Carol L. Colman reported an open-market sale of 4,500 shares of HIO Common Stock. The shares were sold at a price of $3.66 per share, as disclosed in the Form 4 insider trading report.
What type of transaction was reported in the HIO Form 4 filing?
The Form 4 filing reports an open-market sale of Common Stock, coded as “S.” This code indicates a sale in the open market or a private transaction, rather than a grant, option exercise, or tax-withholding event.
Does the HIO Form 4 mention a Dividend Reinvestment Plan?
Yes. A footnote states that the reported holdings include shares acquired through the fund’s Dividend Reinvestment Plan. This means some of Carol L. Colman’s current 19,907 shares were accumulated via automatic dividend reinvestments.