Director adds PennantPark Floating Rate (PFLT) shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PennantPark Floating Rate Capital Ltd. director Jose A. Briones reported an open-market purchase of common stock. He bought 5,895 shares at $8.48 per share, increasing his directly held stake to 342,313 shares. A separate line reflects 8,001 shares held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,895 shares ($49,990)
Net Buy
2 txns
Insider
Briones Jose A
Role
Director
Bought
5,895 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,895 | $8.48 | $50K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 342,313 shares (Direct);
Common Stock — 8,001 shares (Indirect, By Spouse)
Footnotes (1)
FAQ
What insider transaction did PFLT director Jose A. Briones report?
Director Jose A. Briones reported buying 5,895 shares of PennantPark Floating Rate Capital Ltd. common stock in an open-market transaction at $8.48 per share, increasing his directly held position to 342,313 shares after the purchase.
Does the PFLT Form 4 include any indirect ownership for the director?
Yes. In addition to his direct stake, the Form 4 shows 8,001 PennantPark Floating Rate Capital Ltd. shares held indirectly, noted as “By Spouse.” This is reported separately from his 342,313 directly owned shares after the open-market purchase.
Was the PFLT insider transaction a buy or a sell?
The disclosed insider transaction was a buy. Director Jose A. Briones executed an open-market purchase of 5,895 PennantPark Floating Rate Capital Ltd. common shares at $8.48 per share, increasing his directly held ownership position.