Nuveen Global High Income Fund (JGH) insider boosts stake in rights offering
Rhea-AI Filing Summary
Nuveen Global High Income Fund insider increases holdings through rights offering. A reporting person for Nuveen Global High Income Fund acquired 16,476 shares of common stock on 11/28/2025 at a price of $12.84 per share, using subscription rights allocated in a pro rata rights offering. After this transaction, the individual beneficially owns 32,951 common shares in direct form. The filing notes that the acquisition of subscription rights and the subsequent share purchase were treated as exempt under specific Section 16 rules.
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FAQ
What insider transaction did Nuveen Global High Income Fund (JGH) report?
The fund reported that a related reporting person acquired 16,476 common shares on 11/28/2025 at $12.84 per share through a rights offering.
How many Nuveen Global High Income Fund (JGH) shares does the insider own after this Form 4?
Following the reported transaction, the insider beneficially owns 32,951 shares of Nuveen Global High Income Fund common stock in direct ownership.
How were the Nuveen Global High Income Fund (JGH) shares acquired in this filing?
The shares were acquired upon exercise of subscription rights allocated to the reporting person as part of a pro rata rights offering conducted by Nuveen Global High Income Fund.
What was the purchase price for the Nuveen Global High Income Fund (JGH) shares?
The reporting person acquired the common shares at a subscription price of $12.84 per share.
Were the Nuveen Global High Income Fund (JGH) rights and share acquisitions exempt under Section 16?
Yes. The acquisition of subscription rights was described as exempt under Rule 16a-9(b), and the acquisition of shares upon exercise of those rights was described as exempt under Rule 16b-6(b).
Does this Nuveen Global High Income Fund (JGH) Form 4 involve derivative securities?
Yes. The filing lists subscription rights with a conversion or exercise price of $12.84, relating to the acquisition of the underlying common shares.