Aberdeen Municipal Income Fund (NYSE: MFM) insider files Form 4 with no trades
Rhea-AI Filing Summary
Aberdeen Municipal Income Fund filed a Form 4 identifying Michael W. Roberge as an “ADVISOR OFFICER” associated with the fund. The report shows no acquisitions, dispositions, derivative exercises, gifts, or holdings for this period, and the Rule 10b5-1 trading-plan checkbox is left unchecked.
Positive
- None.
Negative
- None.
Key Figures
Reported buy transactions: 0
Reported sell transactions: 0
Net shares bought or sold: 0 shares
3 metrics
Reported buy transactions
0
Buy transaction count in the Form 4 transaction summary
Reported sell transactions
0
Sell transaction count in the Form 4 transaction summary
Net shares bought or sold
0 shares
Net buy/sell shares in the Form 4 transaction summary
Key Terms
Rule 10b5-1, ten percent owner, derivative exercises
3 terms
Rule 10b5-1 regulatory
"the Rule 10b5-1 trading-plan checkbox is left unchecked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
ten percent owner regulatory
"not listed as a director, named officer, or ten percent owner"
derivative exercises financial
"no acquisitions, dispositions, derivative exercises, gifts, or holdings"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Aberdeen Municipal Income Fund (MFM)'s latest Form 4 report?
The most recent Form 4 for Aberdeen Municipal Income Fund (MFM) identifies Michael W. Roberge as an advisor officer but reports no share purchases, sales, gifts, or option exercises and lists no holdings for the reporting period covered by this filing.
Who is the reporting person in Aberdeen Municipal Income Fund (MFM)'s Form 4?
The Form 4 lists Michael W. Roberge as the reporting person, described as an “ADVISOR OFFICER.” He is not flagged as a director, officer of the issuer, or ten percent owner, based on the classification fields in the report.
Does MFM's Form 4 show trades under a Rule 10b5-1 plan?
No. The Form 4’s Rule 10b5-1 checkbox is explicitly unchecked, indicating the filing does not affirm that any reported activity occurred under a Rule 10b5-1 trading plan. The transaction summary also shows zero trades for the period.
Is the insider in MFM's Form 4 a director or 10% owner of the fund?
According to the classification fields, Michael W. Roberge is not listed as a director, a named officer of the issuer, or a ten percent owner of Aberdeen Municipal Income Fund (MFM). His relationship is described instead as an “ADVISOR OFFICER.”