Director Todd Reit buys 3,900 Aberdeen Government Markets (NYSE: MGF) shares
Rhea-AI Filing Summary
Aberdeen Government Markets Income Fund director Todd Reit reported buying 3,900 shares of Common Stock on 2026-07-21 at $2.85 per share, in a transaction classified as a purchase in open market or private transaction. After this trade, he directly owns 3,900 shares, and it was not designated under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,900 shares
Net Buy
1 txn
Insider
Reit Todd
Role
Director
Bought
3,900 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,900 | $2.85 | $11K |
Holdings After Transaction:
Common Stock — 3,900 shares (Direct)
Key Figures
Shares purchased: 3,900 shares
Purchase price: $2.85 per share
Total shares owned after: 3,900 shares
+1 more
4 metrics
Shares purchased
3,900 shares
Common Stock purchased on 2026-07-21
Purchase price
$2.85 per share
Price for Common Stock purchase on 2026-07-21
Total shares owned after
3,900 shares
Direct ownership by Todd Reit after the reported transaction
Transaction classification
Purchase in open market or private transaction
Form 4 transaction code P description
Key Terms
Common Stock, open market or private transaction, Form 4
3 terms
Common Stock financial
"security_title "Common Stock" for the reported purchase"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open market or private transaction financial
"transaction_code_description "Purchase in open market or private transaction""
Form 4 regulatory
"Insider equity transaction reported on SEC Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider trade did Todd Reit report for Aberdeen Government Markets (MGF)?
Todd Reit reported buying 3,900 shares of Common Stock of Aberdeen Government Markets Income Fund (MGF) on 2026-07-21. The shares were purchased at $2.85 per share in a transaction classified as a purchase in open market or private transaction.
What type of security did Todd Reit buy in Aberdeen Government Markets (MGF)?
Todd Reit bought Common Stock of Aberdeen Government Markets Income Fund (MGF). The Form 4 lists the security title specifically as “Common Stock” for the 3,900 shares purchased on 2026-07-21 at a reported price of $2.85 per share.