Director Todd Reit (MIN) purchases 4,400 Aberdeen Intermediate shares
Rhea-AI Filing Summary
ABERDEEN INTERMEDIATE INCOME FUND director Todd Reit purchased 4,400 shares of Common Stock in an open market or private transaction on 2026-07-21 at $2.49 per share. After this buy, he directly holds 4,400 shares, and the transaction was not reported as pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,400 shares
Net Buy
1 txn
Insider
Reit Todd
Role
Director
Bought
4,400 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,400 | $2.49 | $11K |
Holdings After Transaction:
Common Stock — 4,400 shares (Direct)
Key Figures
Shares purchased: 4,400 shares
Purchase price: $2.49 per share
Holdings after transaction: 4,400 shares
+1 more
4 metrics
Shares purchased
4,400 shares
Common Stock bought on 2026-07-21 by director Todd Reit
Purchase price
$2.49 per share
Per-share price for the 4,400 Common Stock shares acquired
Holdings after transaction
4,400 shares
Direct Common Stock ownership following the reported purchase
Net buy shares
4,400 shares
Net effect of reported transactions, all on the buy side
Key Terms
Rule 10b5-1, open market, beneficial ownership
3 terms
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
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.
open market market
"transaction_code_description": "Purchase in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
beneficial ownership regulatory
"Footnotes may indicate any disclaimers of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did ABERDEEN INTERMEDIATE INCOME FUND (MIN) director Todd Reit do in this Form 4?
Director Todd Reit bought 4,400 shares of ABERDEEN INTERMEDIATE INCOME FUND Common Stock. The purchase was reported as an open market or private transaction, increasing his directly held position to 4,400 shares following the trade.
Was the MIN insider transaction by Todd Reit under a Rule 10b5-1 trading plan?
The transaction was not reported as being pursuant to a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox for the filing is indicated as unchecked, meaning no such trading plan affirmation accompanied this purchase.
Is the ABERDEEN INTERMEDIATE INCOME FUND (MIN) Form 4 transaction a buy or a sell?
The Form 4 reports a buy transaction. Todd Reit acquired 4,400 shares of Common Stock, coded as a purchase in an open market or private transaction, with no shares reported as sold in this filing.
What type of security did Todd Reit trade in ABERDEEN INTERMEDIATE INCOME FUND (MIN)?
Todd Reit traded Common Stock of ABERDEEN INTERMEDIATE INCOME FUND. The filing lists only this non-derivative equity security, with no accompanying options or other derivative instruments reported.