Virtus fund director buys 382 shares at $15.70

Virtus Convertible & Income Fund II (NCZ) director Connie D. McDaniel reported a purchase of 382 shares of Common Stock on 2026-08-18 in an open-market or private transaction at $15.70 per share.

Rhea-AI Filing Summary

Virtus Convertible & Income Fund II (NCZ) director Connie D. McDaniel reported a purchase of 382 shares of Common Stock on 2026-08-18 in an open-market or private transaction at $15.70 per share. Following this transaction, McDaniel directly owns 804 shares of the fund’s common stock.

Insider Trade Summary

Net Buyer: 382 shares

Net Buy 1 txn

Insider MCDANIEL CONNIE D

Role Director

Bought 382 shs ($6K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	382	$15.70	$6K

Holdings After Transaction: Common Stock — 804 shares (Direct)

Key Figures

Shares purchased: 382 shares Purchase price per share: $15.70 per share Shares owned after transaction: 804 shares +2 more

5 metrics

Shares purchased 382 shares Non-derivative Common Stock transaction on 2026-08-18

Purchase price per share $15.70 per share Open-market or private purchase of Common Stock

Shares owned after transaction 804 shares Direct ownership by Connie D. McDaniel following purchase

Number of buy transactions 1 Buy transactions in this Form 4

Net buy/sell shares 382 shares Net effect of reported transactions is a net-buy

Key Terms

Form 4, non-derivative, Rule 10b5-1

3 terms

Form 4 regulatory

"This insider transaction was reported on SEC Form 4 for NCZ."

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.

non-derivative financial

"The filing classifies the Common Stock transaction as non-derivative."

Rule 10b5-1 regulatory

"The Rule 10b5-1 checkbox is not affirmed for this transaction."

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.

FAQ

What insider transaction did NCZ disclose in this Form 4?

NCZ disclosed that director Connie D. McDaniel purchased 382 shares of Common Stock on 2026-08-18 in an open-market or private transaction at $15.70 per share, increasing her direct holdings to 804 shares.

Who is the insider trading NCZ stock in this filing?

The insider is Connie D. McDaniel, a director of Virtus Convertible & Income Fund II (NCZ). She reported one non-derivative transaction involving the purchase of 382 shares of NCZ Common Stock.

How many NCZ shares does the director hold after this transaction?

After the reported transaction, director Connie D. McDaniel directly holds 804 shares of Virtus Convertible & Income Fund II (NCZ) Common Stock, according to the Form 4 data.

What was the price paid per NCZ share in the reported purchase?

The reported purchase of NCZ Common Stock was made at $15.70 per share on 2026-08-18 in an open-market or private transaction, as classified in the Form 4.

Was the NCZ insider trade made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning the reported purchase of 382 NCZ shares was not disclosed as being made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/20/2026 - 04:43 PM Accepted by SEC EDGAR 08/20/2026 - 04:43 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MCDANIEL CONNIE D

(Last) (First) (Middle)

C/O VIRTUS INVESTMENT PARTNERS, INC.

ONE FINANCIAL PLAZA, 26TH FLOOR

(Street)

HARTFORD CONNECTICUT 06103

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Virtus Convertible & Income Fund II [ NCZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/18/2026		P		382	A	$15.7	804	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Kathryn Santoro, Attorney-in-Fact	08/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)