RMT (RMT) secretary adds 4,000 ROYCE MICRO-CAP TRUST shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROYCE MICRO-CAP TRUST, INC. Secretary John E. Denneen reported an open-market purchase of 4,000 shares of Common Stock at a price of $13.70 per share. Following this transaction, he directly owns 12,232 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,000 shares ($54,800)
Net Buy
1 txn
Insider
DENNEEN JOHN E
Role
Secretary
Bought
4,000 shs ($55K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,000 | $13.70 | $55K |
Holdings After Transaction:
Common Stock — 12,232 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 4,000 shares
Purchase price: $13.70 per share
Shares owned after transaction: 12,232 shares
+1 more
4 metrics
Shares purchased
4,000 shares
Open-market buy of Common Stock
Purchase price
$13.70 per share
Price paid for Common Stock on purchase date
Shares owned after transaction
12,232 shares
Direct holdings following the Form 4 transaction
Net buy shares
4,000 shares
Net buy direction in transaction summary
Key Terms
Form 4, open-market purchase, Common Stock, directly owns
4 terms
Form 4 regulatory
"according to a new Form 4 filing"
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.
open-market purchase financial
"reported an open-market purchase of 4,000 shares of Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"4,000 shares of Common Stock at a price of $13.70 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
directly owns financial
"he directly owns 12,232 shares of the company’s common stock"
FAQ
What insider transaction did RMT disclose for John E. Denneen?
ROYCE MICRO-CAP TRUST, INC. reported that Secretary John E. Denneen bought 4,000 shares of Common Stock. The open-market purchase was made at a price of $13.70 per share and increased his directly owned position to 12,232 shares after the transaction.
Was the RMT insider transaction an open-market purchase or sale?
The RMT insider transaction was an open-market purchase. Secretary John E. Denneen acquired 4,000 shares of Common Stock at $13.70 per share, and his directly owned holdings totaled 12,232 shares immediately after this reported transaction.
Does the RMT Form 4 show any insider stock sales?
The Form 4 for ROYCE MICRO-CAP TRUST, INC. shows only a purchase by Secretary John E. Denneen. It reports one open-market buy of 4,000 Common Stock shares at $13.70 per share, with no insider stock sales disclosed in this filing.