Nuveen AMT-Free Fund (NVG) portfolio manager sells 5,000 common shares
Rhea-AI Filing Summary
Nuveen AMT-Free Municipal Credit Income Fund portfolio manager Paul L. Brennan reported selling a total of 5,000 shares of common stock on 2026-08-10 in three open-market or private transactions at per-share prices of $12.4500, $12.4600, and $12.4400. The Rule 10b5-1 checkbox was not marked as applicable.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
3 txns
Insider
BRENNAN PAUL L
Role
Insider
Sold
5,000 shs ($62K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $12.45 | $12K |
| Sale | Common Stock | 2,000 | $12.46 | $25K |
| Sale | Common Stock | 2,000 | $12.44 | $25K |
Holdings After Transaction:
Common Stock — 13,050 shares (Direct)
Key Figures
Total shares sold: 5000 shares
First tranche sale: 1000.0000 shares at $12.4500 per share
Second tranche sale: 2000.0000 shares at $12.4600 per share
+2 more
5 metrics
Total shares sold
5000 shares
Aggregate common shares sold on 2026-08-10
First tranche sale
1000.0000 shares at $12.4500 per share
Non-derivative common stock sale on 2026-08-10
Second tranche sale
2000.0000 shares at $12.4600 per share
Non-derivative common stock sale on 2026-08-10
Third tranche sale
2000.0000 shares at $12.4400 per share
Non-derivative common stock sale on 2026-08-10
Number of sale transactions
3 transactions
Count of reported sale transactions in this Form 4
Key Terms
Rule 10b5-1, open market or private transaction, Portfolio Manager
3 terms
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox was not marked as applicable."
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 or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Portfolio Manager financial
"other: Portfolio Manager"
A portfolio manager is the professional who picks and oversees a collection of investments—such as stocks, bonds, and cash—on behalf of individuals or institutions. They make decisions about which assets to buy, hold or sell and how much risk to take, like a ship captain steering through changing weather; their choices shape an investor’s potential returns, losses and the steadiness of the investment experience.
FAQ
What insider activity did NVG report for Paul L. Brennan on August 10, 2026?
Nuveen AMT-Free Municipal Credit Income Fund reported that portfolio manager Paul L. Brennan sold a total of 5,000 common shares on 2026-08-10. The sales occurred in three separate open-market or private transactions at prices around $12.45 per share.
Were the NVG insider sales made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox was not marked, indicating the reported 5,000-share sale was not affirmatively identified as made under a pre-arranged trading plan. No additional footnote disclosure about any plan was provided in the data shown.
What type of security did the NVG insider sell on August 10, 2026?
The transactions involved Common Stock of Nuveen AMT-Free Municipal Credit Income Fund. On 2026-08-10, the reporting person executed three sale transactions totaling 5,000 shares, all categorized as non-derivative securities held with direct ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.