Virtus NIE director buys 245 shares at $26.3693

Virtus Equity & Convertible Income Fund (NIE) director Connie D. McDaniel reported purchasing 245 shares of common stock on 2026-08-20 in an open-market or private transaction at a price of $26.3693 per share.

Rhea-AI Filing Summary

Virtus Equity & Convertible Income Fund (NIE) director Connie D. McDaniel reported purchasing 245 shares of common stock on 2026-08-20 in an open-market or private transaction at a price of $26.3693 per share. Following this transaction, McDaniel directly owns a total of 471 common shares. The transaction was not reported under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Buyer: 245 shares

Net Buy 1 txn

Insider MCDANIEL CONNIE D

Role Director

Bought 245 shs ($6K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	245	$26.3693	$6K

Holdings After Transaction: Common Stock — 471 shares (Direct)

Key Figures

Shares purchased: 245 shares Purchase price per share: $26.3693 per share Shares owned following transaction: 471 shares +1 more

4 metrics

Shares purchased 245 shares Common stock transaction on 2026-08-20

Purchase price per share $26.3693 per share Open-market or private transaction on 2026-08-20

Shares owned following transaction 471 shares Direct ownership after 2026-08-20 purchase

Net shares acquired 245 shares Net buy shares in transactionSummary

FAQ

What insider transaction did NIE report in this Form 4?

The filing reports that director Connie D. McDaniel purchased 245 shares of Virtus Equity & Convertible Income Fund common stock on 2026-08-20 in an open-market or private transaction.

At what price were the NIE shares purchased by the director?

Connie D. McDaniel purchased the 245 NIE common shares at a price of $26.3693 per share, as disclosed in the Form 4 transaction details.

How many NIE shares does Connie D. McDaniel own after this transaction?

After the reported purchase, Connie D. McDaniel directly owns 471 shares of Virtus Equity & Convertible Income Fund common stock, according to the Form 4.

Was the NIE insider purchase made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not checked, so the reported NIE share purchase was not affirmed as being made under a Rule 10b5-1 trading plan.

What is the net share effect of this Form 4 transaction for NIE?

The Form 4 shows a net acquisition of 245 shares of Virtus Equity & Convertible Income Fund common stock by the reporting person, with no sales or other dispositions reported in this filing.

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 08/24/2026 - 10:59 AM Accepted by SEC EDGAR 08/24/2026 - 10:58 AM 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 Equity & Convertible Income Fund [ NIE ]

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)
08/20/2026

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	08/20/2026		P		245	A	$26.3693	471	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	08/24/2026
	** 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)