HIX (HIX) CCO/Subadviser Stout Kim files initial Form 3 with no trades
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
WESTERN ASSET HIGH INCOME FUND II INC. insider Stout Kim, identified as CCO/Subadviser, has filed an initial Form 3 statement of beneficial ownership. The filing reports no transactions, meaning no purchases, sales, or derivative exercises are disclosed in this submission.
Positive
- None.
Negative
- None.
Key Terms
Form 3, beneficial ownership, CCO/Subadviser
3 terms
Form 3 regulatory
"INSIDER FILING DATA (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"initial statement of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
CCO/Subadviser financial
""other": "CCO/Subadviser""
FAQ
What does the HIX Form 3 filing by Stout Kim report?
The Form 3 for WESTERN ASSET HIGH INCOME FUND II INC. (HIX) reports that insider Stout Kim, a CCO/Subadviser, has filed an initial statement of beneficial ownership, with no associated transactions such as purchases, sales, or derivative exercises disclosed in this filing.
Who is the reporting person in the HIX Form 3 filing?
The reporting person is Stout Kim, listed with the role CCO/Subadviser for WESTERN ASSET HIGH INCOME FUND II INC. (HIX). This role information comes directly from the filing’s reporting person details section and accompanies the initial ownership disclosure.
What does the transaction summary in the HIX Form 3 indicate?
The transaction summary shows no activity: zero buys, zero sells, zero exercises, gifts, or restructuring events, and a net buy/sell direction labeled neutral. This confirms the filing is purely an initial ownership report without any contemporaneous trades.
Are there any derivative positions disclosed in Stout Kim’s HIX Form 3?
No derivative positions are listed. The derivativeSummary section is empty and the filing reports zero derivative transactions, indicating no options, warrants, or similar derivative securities are disclosed for Stout Kim in this initial Form 3 for HIX.