PIMCO Dynamic Income holder sells 19,000 shares at $21.92
PIMCO Dynamic Income Strategy Fund (PDX) had a Form 4 filed reporting that Saba Capital Management, L.P., a ten percent owner, sold 19,000 shares of common stock on September 9, 2026 in an open market or private transaction at $21.92 per share.
Rhea-AI Filing Summary
PIMCO Dynamic Income Strategy Fund (PDX) had a Form 4 filed reporting that Saba Capital Management, L.P., a ten percent owner, sold 19,000 shares of common stock on September 9, 2026 in an open market or private transaction at $21.92 per share. After this indirect sale, Saba Capital Management, L.P. reported holding 6,373,220 shares of PDX common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19,000 shares
Net Sell
1 txn
Insider
Saba Capital Management, L.P.
Role
10% Owner
Sold
19,000 shs ($416K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,000 | $21.92 | $416K |
Holdings After Transaction:
Common Stock — 6,373,220 shares (Indirect, -)
Key Figures
Shares sold: 19,000 shares
Sale price per share: $21.92 per share
Shares held after transaction: 6,373,220 shares
+1 more
4 metrics
Shares sold
19,000 shares
Common stock sale reported for September 9, 2026
Sale price per share
$21.92 per share
Price for the 19,000 PDX shares sold on September 9, 2026
Shares held after transaction
6,373,220 shares
Indirect holdings of Saba Capital Management, L.P. after the sale
Net shares sold
19,000 shares
Net change in reported non-derivative holdings in this Form 4
Key Terms
ten percent owner, indirect ownership, open market or private transaction, Rule 10b5-1 trading plan
4 terms
ten percent owner regulatory
"Saba Capital Management, L.P. is identified as a ten percent owner"
indirect ownership financial
"The Form 4 characterizes the position as indirect ownership of common stock"
open market or private transaction financial
"The sale is described as an open market or private transaction"
Rule 10b5-1 trading plan regulatory
"The filing indicates no Rule 10b5-1 trading plan is reported"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PDX report in this Form 4?
The Form 4 reports that Saba Capital Management, L.P., a ten percent owner, sold 19,000 shares of PIMCO Dynamic Income Strategy Fund common stock on September 9, 2026 in an open market or private transaction at $21.92 per share.
Was the PDX insider sale made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates no Rule 10b5-1 trading plan is reported for the September 9, 2026 sale by Saba Capital Management, L.P.
Is the PDX insider ownership described as direct or indirect?
The Form 4 characterizes Saba Capital Management, L.P.’s position as indirect ownership of PIMCO Dynamic Income Strategy Fund common stock for the shares reported after the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.