Virtus Convertible & Income Fund (NYSE: NCV) director buys 356 shares
Rhea-AI Filing Summary
Virtus Convertible & Income Fund (NCV) director Connie D. McDaniel reported purchasing 356 shares of Common Stock on 2026-08-18 in an open market or private transaction at $16.8302 per share. After this transaction, McDaniel directly owns 723 shares of NCV common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 356 shares
Net Buy
1 txn
Insider
MCDANIEL CONNIE D
Role
Director
Bought
356 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 356 | $16.8302 | $6K |
Holdings After Transaction:
Common Stock — 723 shares (Direct)
Key Figures
Shares purchased: 356 shares
Purchase price per share: $16.8302 per share
Shares owned after transaction: 723 shares
+1 more
4 metrics
Shares purchased
356 shares
Common Stock acquired on 2026-08-18
Purchase price per share
$16.8302 per share
Open market or private transaction on 2026-08-18
Shares owned after transaction
723 shares
Direct holdings of Common Stock following 2026-08-18 purchase
Net buy shares reported
356 shares
Net buy direction in transaction summary
Key Terms
Common Stock, open market or private transaction, direct ownership
3 terms
Common Stock financial
"security_title: "Common Stock""
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""
direct ownership financial
"ownership_type: "direct" with ownership_code "D""
FAQ
What insider transaction did NCV report on this Form 4?
Director Connie D. McDaniel reported a purchase of 356 shares of Virtus Convertible & Income Fund Common Stock on 2026-08-18 in an open market or private transaction at $16.8302 per share.
Was the NCV Form 4 transaction a purchase or a sale?
The Form 4 reports a purchase of Virtus Convertible & Income Fund Common Stock. The transaction is coded "P," described as a purchase in an open market or private transaction.
Is the NCV insider’s ownership classified as direct or indirect?
The 723 shares of Virtus Convertible & Income Fund Common Stock held by Connie D. McDaniel after the transaction are reported as direct ownership, indicated by the ownership code "D."
AI-generated analysis. How Rhea-AI works. Not financial advice.