Nuveen Real Asset Income & Growth Fund Insider Trading Activity
Nuveen Real Asset Income & Growth Fund vice president Nathaniel T. Jones exercised subscription rights that had been allocated to him in a pro rata rights offering by the fund.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Nuveen Real Asset Income & Growth Fund vice president Nathaniel T. Jones exercised subscription rights that had been allocated to him in a pro rata rights offering by the fund. He used these rights, including related oversubscription privileges, at a price of $12.40 to acquire additional common shares. Following these transactions, he directly holds 1,750 common shares of the fund. The filing notes that both the acquisition of the subscription rights and the acquisition of shares upon exercise are exempt from certain Section 16 provisions under the applicable SEC rules.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Subscription Right | 1,000 | $12.40 | $12K |
| In-the-Money Exercise | Common Stock | 750 | $12.40 | $9K |
Footnotes (1)
- F1. Represents shares acquired upon exercise of subscription rights, including rights to related oversubscription privileges, allocated to the Reporting Person in the pro rata rights offering conducted by the Issuer. Theacquisition 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) byvirtue of Section 16b-6(b).
AI-generated analysis. How Rhea-AI works. Not financial advice.