Portfolio manager adds Nuveen Mortgage & Income Fund (NYSE: JLS) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nuveen Mortgage & Income Fund portfolio manager Stephen Virgilio bought additional shares of the fund’s common stock in an open-market trade. On this transaction date, he purchased 250 shares at $18.05 per share. After the purchase, he directly owned a total of 1,487 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 250 shares ($4,513)
Net Buy
1 txn
Insider
Virgilio Stephen
Role
Insider
Bought
250 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 250 | $18.05 | $5K |
Holdings After Transaction:
Common Stock — 1,487 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did JLS report for portfolio manager Stephen Virgilio?
JLS reported that portfolio manager Stephen Virgilio executed an open-market purchase of the fund’s common stock. He bought 250 shares of Nuveen Mortgage & Income Fund at $18.05 per share in this transaction, increasing his directly held position in the fund.
What are the total JLS holdings of the insider after this transaction?
After completing this purchase, the insider directly held 1,487 common shares of Nuveen Mortgage & Income Fund. This total reflects his position immediately following the 250-share open-market acquisition disclosed in the Form 4 filing for JLS.
Is the JLS insider’s ownership direct or indirect in this Form 4?
The ownership in this Form 4 is reported as direct. The transaction is coded with direct ownership, meaning the 1,487 JLS common shares, including the newly acquired 250 shares, are held directly by the reporting person rather than through an intermediary entity.
What type of transaction was reported for JLS in this insider filing?
The transaction was an open-market purchase of common stock. The Form 4 identifies it with code P, described as a purchase in an open-market or private transaction, covering 250 JLS shares at $18.05 each, held directly afterward.