Royce Micro-Cap (RMT) secretary adds 3,249 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 made an open-market purchase of 3,249 shares of Common Stock at $13.97 per share. After this transaction, he directly holds a total of 8,232 shares, indicating a modest increase in his personal stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,249 shares ($45,389)
Net Buy
1 txn
Insider
DENNEEN JOHN E
Role
Secretary
Bought
3,249 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,249 | $13.97 | $45K |
Holdings After Transaction:
Common Stock — 8,232 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 3,249 shares
Purchase price: $13.97 per share
Total holdings after trade: 8,232 shares
3 metrics
Shares purchased
3,249 shares
Open-market purchase of Common Stock
Purchase price
$13.97 per share
Price paid for Common Stock on transaction date
Total holdings after trade
8,232 shares
Directly owned Common Stock following transaction
Key Terms
Common Stock, open-market purchase, Form 4, direct ownership
4 terms
Common Stock financial
"security_title: "Common Stock""
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.
open-market purchase financial
"transaction_action: "open-market purchase""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
direct ownership financial
"ownership_type: "direct""
FAQ
What insider transaction did RMT report for John E. Denneen?
ROYCE MICRO-CAP TRUST, INC. reported that secretary John E. Denneen made an open-market purchase of 3,249 Common Stock shares. The transaction was recorded as a Form 4 filing and classified as a direct ownership buy at a set market price.
Was the RMT insider transaction a purchase or a sale?
The ROYCE MICRO-CAP TRUST, INC. insider transaction was a purchase. John E. Denneen executed an open-market buy of 3,249 Common Stock shares, which increased his directly held position according to the Form 4 disclosure details.
What role does John E. Denneen hold at ROYCE MICRO-CAP TRUST, INC.?
John E. Denneen serves as Secretary and Secretary Investment Advisor at ROYCE MICRO-CAP TRUST, INC. His Form 4 filing reflects personal trading activity in the company’s Common Stock tied to this executive role and direct ownership status.