Nuveen Global High Income Fund (JGH) insider boosts stake via 16,476 rights
Rhea-AI Filing Summary
Nuveen Global High Income Fund insider reports share acquisition via rights offering. A reporting person affiliated with Nuveen Global High Income Fund acquired 4,119 shares of common stock on 11/28/2025 at a price of $12.84 per share. After this transaction, the reporting person directly owned 20,595 common shares of the fund.
The filing also shows that the insider exercised 16,476 subscription rights, each giving the right to buy one share of common stock at $12.84. These rights were granted in a pro rata rights offering by the fund, and the acquisition and exercise of the rights are described as exempt from certain Section 16 short-swing profit rules.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Subscription Right (right to buy) | 16,476 | $0.00 | $0.00 |
| In-the-Money Exercise | Common Stock | 4,119 | $12.84 | $53K |
Footnotes (1)
- F1. Represents shares acquired upon exercise of subscription rights allocated to the reporting person in the prorata rights offering conducted by the issuer. The acquisition of the rights by the reporting person was exempt from Section 16 by virtue of rule 16a-9(b) and the acquisition of shares by the reporting person upon exercise of the rights was exempt from Section 16(b) by virtue of Section 16(b)-6(b).
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Nuveen Global High Income Fund (JGH) report?
The report shows a fund-related insider acquired 4,119 Nuveen Global High Income Fund common shares on 11/28/2025 at $12.84 per share, increasing direct ownership to 20,595 shares.
What are the subscription rights mentioned in the JGH Form 4/A filing?
The filing describes 16,476 subscription rights, each a right to buy one share of JGH common stock at an exercise price of $12.84, allocated in a pro rata rights offering by the fund.
Was the Nuveen Global High Income Fund (JGH) rights transaction subject to Section 16 short-swing profit rules?
The explanation states that acquiring the rights was exempt under Rule 16a-9(b), and acquiring shares upon exercise of the rights was exempt from Section 16(b) under Rule 16b-6(b).
Is the reported JGH insider transaction a direct or indirect ownership change?
The transaction increased the insider’s direct beneficial ownership, as indicated by the ownership code "D" in the filing.